Tag Archives: Johnson & Johnson

J&J pleads guilty to illegal marketing of psychiatric drugs

A subsidiary of pharmaceutical giant Johnson & Johnson (J&J) has pleaded guilty in federal court to misdemeanor charges of marketing a drug for unapproved uses. The guilty plea comes as part of a larger, $81-million settlement signed by J&J to settle government allegations that it illegally marketed its anti-seizure drug Topamax for the treatment of conditions including bipolar disorder and drug and alcohol addiction.

Big Pharma’s Next Big Thing: Antipsychotic Medicines for Preschoolers

Dr. Joan Luby, the preschool depression researcher at the center of a New York Times article that failed to mention her past research was funded by Johnson & Johnson (JNJ), Shire (SHPGY) and AstraZeneca (AZN), is currently testing the antipsychotic Risperdal on autistic children aged 30 months to 5 years old, according to the ClinicalTrials.gov database. Although the study is not funded by Janssen, the unit of J&J that makes Risperdal, it nonetheless typifies a new field of drug research: The use of mood-altering pharmaceuticals on the very, very young.

People & Power—Drug Money

One of the best TV exposés on Big Pharma we’ve seen, “People & Power —Drug Money” produced by Aljazeera. This piece pulls no punches exposing the rampant fraud, fatal drug side effects, off label marketing, criminal practices and “absolutely jaw dropping” payouts Pharma makes to psychiatrists/doctors. Sharon Ormsky, FBI Financial Crimes Unit states, “Pharmaceutical fraud is one of our top three threats — everybody is touched by these frauds in the extent that when you look at the billions of dollars that go into healthcare for the United States, a good percent, 3-10% of that is believed to be siphoned off into fraud—that’s money that could be going to very needy patients.”