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Pharmaceutical Industry Analysis Reveals The Most Corrupt Industry in America.

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It would take years to conduct a thorough and comprehensive pharmaceutical industry analysis on the companies operating in America today.

However, it does not take all that much to look up a few of the major pharmaceutical companies to see what kind of hot water they have been, if any.

Even though the pharmaceutical industry is well known for contributing to our well-being more than any other industry, it also has developed a soiled reputation somewhat.

A reputation that is soiled so much that despite the fact that the industry can be acclaimed for solving many world health problems, that the corruptness that lies beneath the industry over-rides any good they may create.

The reason for this is simple, when pharmaceutical companies screw up, people die.

In fact, the pharmaceutical industry is so corrupt, that a pharmaceutical industry analysis reveals that their record of breaking the law may be worse than it is in any other industry.

The level of law breaking that occurs within the pharmaceutical industry is so high that one can almost say ‘if there’s something wrong to do, they’ve done it’.

The negligent manufacturing of medication, fraudulent advertising, tax evasion, and bribery are a few of the most common crimes perpetrated by the pharmaceutical industry, and these are just the ones we know about.

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Pharmaceutical Companies Don’t Know what Wrong is Anymore

The standards of ethics in the pharmaceutical industry are so slack that their business operations are more similarities to illegal business operations then they do with anything that is law abiding or legitimate.

For example, pharmaceutical industry analysis shows that the infamous Glsaxo Smith Kline, one of the biggest pharma companies in the world, has recently settled a tax dispute, because they were involved in an illegal finance scheme in order to evade United States income tax.

This settlement rang to the tune of 3.4 billion dollars and is the largest tax settlement in all of IRS history.

And you may have heard of a little company known as Bristol Meyers Squibb.

They’ve just made a settlement as well for an equally devious scandal of finances. But this only cost them $800 million.

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Tax Evasion – The Lesser of Many Evils

Bristol Meyers was supposed to meet certain terms of this settlement, but before authorities could check to see if they were being met, the CEO of Bristol Meyers and his lawyer would caught in other criminal acts.

That one involved keeping a drug known as “Plavix” on the shelves.

This was Bristol Meyers number one seller, and BM had signed an illegal contract with another company to keep the generic brand competition off the shelves.

And in an investigative report last year, U.S. Today showed in a pharmaceutical industry analysis that this industry faces the most product liability suits than any other industry.

U.S. Today was also able to prove in this report that the drugs these companies market have little clinical benefit, and that they knowingly market medication that induces heart attacks.

U.S. Today also showed which drugs companies were producing that knowingly induced diabetes, dependency, or that triggered homicidal or suicidal behaviour.

It is almost impossible to remember that tuberculosis has almost been eliminated from the planet when you read reports like that.

Because even the very industry that was developed to protect your health, the pharmaceutical companies are more concerned about the almighty dollar than they are about saving lives.

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