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Boehringer

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« Ethical » rating of Boehringer , group and subsidiaries

Fraud 1 Offshore 1 Influence 4
[click on the rating for the method or on the number for the data]

subsidiarycountry%source
Boehringer Ingelheim GmbH Germany100
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yearfinancial misdemeanor assets source
2005 Sued by the State of California for defrauding the state's $34 billion Medi-Cal program by inflating prices. "We're going to drag these drug companies into courts of law because they've been gouging the public," California Attorney General Bill Lockyer said at a news conference. For example, Medi-Cal paid $804.70 US for a bottle of the hypertension drug Atenolol. Providers such as doctors, clinics and pharmacists paid $33.85 US. As a result, providers reimbursed by Medi-Cal for Atenolol pocketed $770.85 US. The windfalls gave doctors, pharmacies and other providers an incentive to prescribe such drugs, which resulted in even more sales by drug makers, Lockyer said.     Canadian Press
1998   7,1  billion US$Forbes
yearfinancial misdemeanorsalesincomeassetsbuybacksource
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