“GlaxoSmithKline plc. (GSK), incorporated on December 6, 1999, is global healthcare group, which is engaged in the creation and discovery, development, manufacture and marketing of pharmaceutical products, including vaccines, over-the-counter (OTC) medicines and health-related consumer products” ("GlaxoSmithKline", n.d.). GlaxoSmithKline is one of the top global vaccine manufacturers in the world. On July 2, 2012 an article was published about GlaxoSmithKline and how GlaxoSmithKline manipulates their business research within their medical journals. GlaxoSmithKline plead guilty to the charges and had to pay over three billion dollars to resolve the fraud allegations placed against them and GlaxoSmithKline’s failure to report their safety data. The article gives details on the different fines that GlaxoSmithKline had to pay as well as details on the different types of medications that were affected by the misleading results. The results of these fines became the largest health care fraud settlement in United States history. GlaxoSmithKline’s charges are a hope to many of the different health departments that large companies will take note on what has happened to GlaxoSmithKline and will only practice safe and ethical practices. GlaxoSmithKline’s example will prove too big health care business’s that the government will not tolerate unethical research and give opportunities to repair any damage they have done so the American public can live safely. The unethical business research that was involved was GlaxoSmithKline’s attempt to hide their findings, the sale and promotion of improperly tested over the counter medicines and other types of prescription medicines for safety and the alleged false price reporting practice. After the findings of the unethical research an unnamed Australian professor had written a revealing article about his findings in Glaxo’s medical journals and it was release to the public which resulted in the trial of GlaxoSmithKline for their...
References: GlaxoSmithKline. (n.d.). Retrieved from www.reuters.com/finance/stocks/companyProfile?symbol=GSK
Largest Health Care Fraud Settlement in U.S. History against Top Vaccine Manufacturer GlaxoSmithKline – Department of Justice. (2012). Retrieved from http://therefusers.com/refusers-newsroom/largest-health-care-fraud-settlement-in-u-s-history-against-top-vaccine-manufacturer-glaxosmithkline-department-of-justice/#.Uu6L4rTcjOc
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