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Thread: Schering In trouble?????
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05-30-2003, 09:16 AM #1
Schering In trouble?????
From MSN News Update just now!
Schering-Plough unit probed
Criminal investigation centers on illegal sales, pricing
NEW YORK, May 30 — Schering-Plough Corp. said Friday one of its units is the target of a criminal investigation into practices that include the alleged sale of misbranded or unapproved drugs, submitting false drug pricing information to the government, and obstruction of justice.
THE KENILWORTH, New Jersey-based drug company said it received a letter from the U.S. Attorney’s Office for the District of Massachusetts saying its Schering Corp. subsidiary is the target of a federal grand jury investigation.
The company had previously revealed that the U.S. Attorney’s Office was investigating its sales, marketing and clinical trial practices.
The latest letter goes further, charging the company with destroying documents and obstructing justice related to the government’s investigation.
The company said it understands that based on the Department of Justice guidelines, receipt of such a letter indicates the government intends to pursue an indictment and believes it has substantial evidence to support an indictment.
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05-30-2003, 09:48 AM #2
God, I hope NOT! I think by far they make the BEST Test Enan (Primoteston) around. I love that stuff!!!!
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05-30-2003, 10:36 AM #3Junior Member
- Join Date
- May 2003
- Location
- Denver CO
- Posts
- 98
Scherring is one of the best... that really sucks.
I hate how feds try to bust sources and companies all the time, there's no point and it's a clear waste of time in my opinion.
BIG PRESSER
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05-30-2003, 12:10 PM #4Originally posted by Big Presser
Scherring is one of the best... that really sucks.
I hate how feds try to bust sources and companies all the time, there's no point and it's a clear waste of time in my opinion.
BIG PRESSER
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05-30-2003, 12:13 PM #5Junior Member
- Join Date
- May 2003
- Location
- Denver CO
- Posts
- 98
Sorry brother, re read the article and I see what ur saying... I thought it sounded like they were gonna get busted so I'm glad to hear thats not the case. But yeah they were giving out false drug pricing info, so it's there own fault... too bad.
BIG PRESSER
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05-31-2003, 12:06 PM #6Associate Member
- Join Date
- Apr 2003
- Location
- South Carolina
- Posts
- 361
Don't worry Bro's schering's not going anywhere. They'll pay a fine and get a good spanking. Too much money in campaign contributions would be lost.
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=) hope so, I got few Schering Test Ena Amps Iam saving when I start builking
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