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Kickback Trial

Discussion in 'Novartis' started by Michael Cohen's Ghost, Apr 2, 2019 at 3:46 PM.

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  1. Scenario 1

    On the witness stand - Novartis Ethics & Compliance Officer

    Govt Attorney- "How much did you pay Michael Cohen & Why?"

    Jury - "GUILTY ON ALL COUNTS"



    END OF SCENARIO SIMULATION ;)
     

  2. Game Over

    Game Over Guest

    Seriously game over. Novartis riding a wave of atrocious possibly criminal conduct, globally, opened pandora's box by not resolving this sooner & subsequently exacerbated by the Cohen revelations that themselves may be under criminal referral.

    You have to wonder how grossly inept Novartis legal was allowing this festering boil to stretch for nearly a decade, exposing their own clients & exposing all the dirty laundry while paying their big shot law firm potentially 10's of millions. What a waste. Who gets fired?

    If you're the Govt (& you don't want to fuck with the SDNY the same SDNY that goes after the president) What incentive do you have to settle? US stands to win triple damages.

    Novartis ultimate argument rests on "everyone was doing it" At a time when they are launching drugs in the 6 figure range & 7 figure price range while Perdue's family & company are facing annihilation for similar marketing

    Grab your Popcorn folks !

    https://www.nytimes.com/2019/04/01/health/sacklers-oxycontin-lawsuits.html

    Novartis to face doctor kickback suit, rules a Manhattan District Judge



    APRIL 3, 2019 10:30
    by SOURAV D |

    On Monday, the 1st of April 2019, a US Federal Judge had ruled a decision that the Novartis AG, a Swiss multinational pharmaceutical headquartered in Basel, must face a lawsuit over allegations of paying millions of dollars allegedly to doctors to prod them in prescribing Novartis’ drugs, adding that the US government had proffered substantial evidence of a “company-wide kickback scheme”.

    Apart from that, the Manhattan US District Judge, Paul Gardephe had also rejected the third largest Swiss company’s plea to keep key government evidence out of the case, saying that the government would not have to prove any kind of direct “quid pro quo” agreement between doctors and Novartis to hold the company liable.

    In fact, the ruling of Manhattan Federal District Judge means that the case would likely to head for trial, unless Novartis agrees to a settlement. Expressing disappointment over Monday’s (April 1st) decision, a Novartis spokesman, Eric Althoff wrote in an emailed response, “We are disappointed in today’s decision and look forward to presenting our case at trial.

    We continue to believe that the government has insufficient evidence to support its claims”. Nonetheless, origin of the case dated back to early 2011, when a whistleblower, Oswald Bilotta, a former Novartis representative had filed a lawsuit against its former company accusing that the company had been paying millions to doctors to point them to prescribe Novartis drugs, and such kind of lawsuits allow individuals to sue a company on behalf of the government and a government may choose to intervene the case anytime it wishes.
     
  3. anonymous

    anonymous Guest

    $2.3 Bn is the price to pay to make this go away
     
  4. anonymous

    anonymous Guest

    That's the price when they lose the trial Maybe more
     
  5. anonymous

    anonymous Guest

    This case will never go to trial. They broke the corporate integrity agreement in my case. If they go to trial and loose they could possibly loose their Medicare and Medicaid funding. They will not chance that, nor should they. One person on here said 2. Something billion to make this go away. I predict 3 billion $.
     
  6. anonymous

    anonymous Guest

    Oswald Bilotta from Apex, North Carolina is about to become a very wealthy man. He is about to become one of the select few whistle blower multi millionaires. Being a whistleblower is not a easy task. He is about to reap his reward.
     
  7. anonymous

    anonymous Guest

    Novartis could go to Trial, see how it goes for a few days, then try to settle but it would be an enormous risk since if they sense the trial is going bad the govt conversely would see it going well & have no incentive to settle. Quite frankly with the overwhelming amount of negative press NVS has received in addition to the astonishing amount of seemingly damming evidence in this particular case, Good luck finding even 1 sympathetic juror o_O
     
  8. anonymous

    anonymous Guest

    These shit doctors should be arrested and debarred. Hooters? Disgusting. The very fact that they are doctors is a shame to the whole system. Corrupt doctors influence corrupt practices. NVS as a company should be fined a 100 billion. A complete disregard for CIA and retaining corrupt employees who are scamming this place for years.
     
  9. anonymous

    anonymous Guest

    Oswald Bilotta proud of you. Some of us with knowledge and access to NVS bad practices are not able to do what you are doing. Novartis sham promotions of medical personnel in 2018 also need some attention.
     
  10. anonymous

    anonymous Guest

    Does anyone know when the court date is in this case?
     
  11. anonymous

    anonymous Guest

    I read in an article May 20 - 2019 .
     
  12. anonymous

    anonymous Guest

    Why do ask? Are you planning to attend? o_O
     
  13. anonymous

    anonymous Guest

    Yes
     
  14. anonymous

    anonymous Guest

    creepy are you a stalker?
     
  15. anonymous

    anonymous Guest

    Nope. The WB
     
  16. anonymous

    anonymous Guest

    LOL :confused: Sure you are That's why you had to ask the date on Cafe Pharma :rolleyes:....Creepy stalker ....:eek:
     
  17. anonymous

    anonymous Guest

    Does anyone know if Michael Cohen is testifying in the the Novartis trial on May 20, 2019 in Manhattan? The Mueller report came out this morning. Some of it is redacted but it mentions a lot of interesting information. Why did Novartis pay Michael Cohen 1.2 million dollars? Does anyone know? Isn’t Michael Cohen from Long Island? Isn’t that where Scatoni is from?
     
  18. anonymous

    anonymous Guest

    Today Rochester, May 20th, Novartis' turn. Wait until doctors & reps testify !

    Drug Distributor And Former Execs Face First Criminal Charges In Opioid Crisis
    April 23, 20199:43 PM ET
    [​IMG]
    RICHARD GONZALES


    [​IMG]

    Former Rochester Drug Co-Operative CEO Laurence Doud III, facing criminal charges stemming from the opioid crisis, leaves the federal courthouse in Manhattan on Tuesday.

    Kathy Willens/AP
    A major pharmaceutical distribution company and two of its former executives are facing criminal charges for their roles in advancing the nation's opioid crisis and profiting from it.

    Rochester Drug Co-Operative Inc., one of the nation's 10 largest pharmaceutical distributors in the U.S., its former CEO Laurence Doud III and former chief of compliance William Pietruszewski were charged with conspiracy to distribute controlled narcotics — oxycodone and fentanyl — for non-medical reasons and conspiracy to defraud the United States.

    RDC and Pietruszewski are also charged with willfully failing to file suspicious order reports to the Drug Enforcement Administration.

    Between May 2012 and November 2016, the company received and filled over 1.5 million orders for controlled substances from its pharmacy customers. However, it reported only four suspicious orders to the DEA. According to the complaint, the company failed to report at least 2,000 suspicious orders.

    "This prosecution is the first of its kind: executives of a pharmaceutical distributor and the distributor itself have been charged with drug trafficking, trafficking the same drugs that are fueling the opioid epidemic that is ravaging this country," U.S. Attorney for the Southern District of New York Geoffrey Berman said in a statement. "Our Office will do everything in its power to combat this epidemic, from street-level dealers to the executives who illegally distribute drugs from their boardrooms."

    [​IMG]

    Geoffrey Berman, U.S. Attorney for the Southern District of New York, speaking at a news conference announcing charges against Rochester Drug Co-Operative Inc.

    Mary Altaffer/AP
    Pietruszewski, 53, pleaded guilty last week. Doud, 75, surrendered to authorities and pleaded not guilty in federal court in Manhattan on Tuesday.

    local independent pharmacies. It supplied more than 1,300 pharmacies and earned $1 billion per year during the relevant time period.

    According to the U.S. Attorney's statement:

    "From 2012 to 2016, RDC's sales of oxycodone tablets grew from 4.7 million to 42.2 million – an increase of approximately 800 percent – and during the same period RDC's fentanyl sales grew from approximately 63,000 dosages in 2012 to over 1.3 million in 2016 – an increase of approximately 2,000 percent. During that same time period, Doud's compensation increased by over 125 percent, growing to over $1.5 million in 2016."

    The company has agreed to pay a $20 million fine and submitted to three years of independent compliance monitoring.

    "Today's charges should send shock waves throughout the pharmaceutical industry reminding them of their role as gatekeepers of prescription medication," said DEA Special Agent in Charge Ray Donovan.
     
  19. anonymous

    anonymous Guest


    20 days! Finally!!! Does it settle before this date? My bet is yes
     
  20. anonymous

    anonymous Guest

    Yes. They go to court. Michael Cohen is the surprise witness for the justice department. Cohen will testify why Novartis paid him 1.2 million dollars. The jury will find Novartis guilty of all charges. They will have to pay tremble damages. They lose all of their Medicaid and Medicare funding in the United States. They are found guilty of breaking the corporate integrity agreement in the 2010 settlement. Oswald Bilotta becomes a multimillionaire.