Israeli drug company (Teva) gets caught bribing Russian, Ukrainian, and Mexican officials
NOVANEWS
By Jonas E. Alexis
The pharmaceutical industry in much of the West has gotten rich in “selling sickness” and inventing diseases and then selling those diseases again at an exorbitant price.
Teva, “the world’s largest manufacturer of generic pharmaceutical products,” has recently got caught bribing Russian, Ukrainian, and Mexican officials. “The Russian official allegedly received $65 million through inflated profit margins. His name and department were not disclosed.”[1]
In return, the Israeli company will pay “$520 million which includes the US criminal and regulatory penalties for its illegal activity in Russia, Ukraine and Mexico.”[2] Teva was much more subtle in Ukraine. They “hired a senior government official in the Ministry of Health as ‘registration consultant.’ Betw...