Pharmaceutical fraud is one of the most prevalent types of fraud in the USA. Last year alone the federal government recovered over $4.7 billion from False Claims Act cases. Pharmaceutical fraud hurts not only the government but the average citizen as well by hiking drug prices, hiding research that reveals adverse side effects, misrepresenting FDA-approved uses of drugs, and providing significant kickbacks to doctors in exchange for the doctor to prescribe a certain drug more often.
Under the False Claims Act, a whistleblower is protected from being retaliated against by their employer for bringing forward instances of pharmaceutical fraud. Acting as a whistleblower in pharmaceutical cases is beneficial in many ways:
- Large payouts: A whistleblower can be entitled to anywhere between 15 and 30% of damages resulting from a pharmaceutical case, which can often result in a payout of millions.
- Helping fellow citizens: If you are aware of fraud being committed, it's your civic duty to report it. Pharmaceutical fraud hurts average citizens who trust their doctors' recommendations and rely on governmental assistance for healthcare.
- Helping the government: Pharmaceutical fraud can rob the government of billions of dollars that could otherwise be used on federal aid programs to assist American citizens.
Types of Pharmaceutical Fraud
There are many different types of fraud committed by the pharmaceutical industry. Some of the most common fraudulent schemes include:
- Off-label marketing
- "Good Manufacturing Practice" violations
- "Best Price" fraud
- Medicaid price reporting
- Failure to disclose adverse drug effects
If you find that your company is committing any of these types of fraud, act quickly to bring a qui tam suit against them. Don't worry about potential HIPAA violations or retaliation from your employer; these obstacles can be overcome with the help of an experienced whistleblower lawyer. The important thing is to act as quickly as possible so that you receive all the protections and compensation you're entitled to.
James Shoemaker is an experienced whistleblower attorney who has taken on many pharmaceutical fraud cases. Call 757-223-4560 for your confidential consultation today.