Merck will pay the US government the sum of $650 million dollar as a settlement for allegedly failing to pay proper rebates for Medicaid and giving medical providers illegal remuneration to promote their product.
Gee, i hope this is applicable here in the Philippines. Although there is a generic law and also there is a proposed cheaper medical bill, this bill does not have enough teeth to outlaw the practice of Pharmaceutical company to give incentives to medical practitioner’s who promotes their product not base on the effectiveness but on the rebates he/she earns. I’m not saying that they are all like this but there are some who do this.