• JPMorgan Chase, BlackRock drop out of massive UN climate alliance in stunning move
    https://www.foxbusiness.com/politics/jpmorgan-chase-drops-out-of-massive-un-climate-alliance-in-stunning-move
    JPMorgan Chase, BlackRock drop out of massive UN climate alliance in stunning move https://www.foxbusiness.com/politics/jpmorgan-chase-drops-out-of-massive-un-climate-alliance-in-stunning-move
    0 Comments 0 Shares 1117 Views
  • Texas AG sues Pfizer for allegedly selling medicine it knew was ineffective, manipulated quality-test results
    Pfizer and Tris manipulated quality-test results from 2012 to 2018 to obtain the Medicaid reimbursement for Quillivant, AG Ken Paxton claims

    Lawrence Richard
    November 21, 2023 8:06am EST
    ‘Pandemia’ author Alex Berenson shares how he is suing the Biden administration and Pfizer for their alleged role in his ban from Twitter during the pandemic on ‘The Bottom Line.’ video
    Texas Attorney General Ken Paxton has sued Pfizer and its drug manufacturer for allegedly providing medicine it knew to be ineffective.

    In a lawsuit unsealed Monday, Paxton sued Pfizer, Inc., Tris Pharma, Inc. and Tris CEO Ketan Mehta, accusing both companies of defrauding the state to get children's ADHD medicine Quillivant XR added to the state’s list of preferred drugs under the Medicaid insurance program for low-income people. The drug previously failed to meet quality standards, he said.

    According to Paxton, Pfizer and Tris "continually" manipulated quality-test results from 2012 to 2018 to obtain the benefit of taxpayer-funded Medicaid reimbursement for Quillivant.

    "For years, Tris altered the drug’s testing method in violation of federal and state laws to ensure Quillivant passed regulatory hurdles and could continue to be sold. Despite knowing about these serious problems, Pfizer misrepresented to the Medicaid program that Quillivant was in compliance with federal and state law," he claimed.

    "I am horrified by the dishonesty we uncovered in this investigation," said Paxton. "Pfizer and Tris intentionally concealed and failed to disclose the issues with Quillivant to receive taxpayer-funded benefits through Texas Medicaid, defrauding the state and endangering children. Our Civil Medicaid Fraud Division has done an outstanding job holding these pharmaceutical companies accountable."

    TEXAS GOV. GREG ABBOTT WARNS CHINA'S GROWING INFLUENCE IS 'QUITE ALARMING'

    Hand holding pills, Pfizer logo
    In this photo illustration a Pfizer logo is seen on a screen and a hand holding pills. (Rafael Henrique/SOPA Images/LightRocket via Getty Images / Getty Images)
    Paxton alleged Pfizer knowingly distributed Quillivant to children despite it failing quality control tests and its flawed manufacturing practices.

    "At no point did Defendants warn Texas Medicaid providers or decision-makers that Quillivant had known manufacturing issues affecting its efficacy, thereby depriving the Medicaid program of the crucial information it relies on.… As a result, thousands of Texas children received an adulterated Schedule II Controlled Dangerous Substance," the filing explained.

    Pfizer logo, stocks
    The Pfizer company logo is displayed on a screen at the New York Stock Exchange during afternoon trading on Nov. 3, 2023 in New York City. (Michael M. Santiago/Getty Images / Getty Images)
    The Texas attorney general also said many Texas families complained that Quillivant was not effective.

    PFIZER SAYS IT'S EYEING A $110 TO $130 LIST PRICE FOR COVID-19 VACCINE IN U.S.

    The U.S. Food and Drug Administration previously warned Tris of manufacturing lapses in 2017, according to the filing. The complaint notes, however, "While these events are not necessarily connected, regulatory [agencies] must have confidence that they are not."

    The lawsuit stems from a whistleblower complaint by Tarik Ahmed, who worked as Tris' head of technology from 2013 to 2017, Reuters reported.

    Ken Paxton
    Texas Attorney General Ken Paxton unsealed the lawsuit on Monday, Nov. 20, 2023. (Emil Lippe for The Washington Post via Getty Images / Getty Images)
    Nextwave Pharmaceuticals developed Quillivant XR. The company was acquired by Pfizer in 2012.

    GET FOX BUSINESS ON THE GO BY CLICKING HERE

    The state of Texas is seeking monetary payments equal to any monetary or in-kind benefits Pfizer and Tris received due to the alleged violations as well as other civil penalties.

    Reuters contributed to this report.

    https://www.foxbusiness.com/politics/texas-ag-sues-pfizer-allegedly-selling-medicine-knew-ineffective-manipulated-quality-test-results
    Texas AG sues Pfizer for allegedly selling medicine it knew was ineffective, manipulated quality-test results Pfizer and Tris manipulated quality-test results from 2012 to 2018 to obtain the Medicaid reimbursement for Quillivant, AG Ken Paxton claims Lawrence Richard November 21, 2023 8:06am EST ‘Pandemia’ author Alex Berenson shares how he is suing the Biden administration and Pfizer for their alleged role in his ban from Twitter during the pandemic on ‘The Bottom Line.’ video Texas Attorney General Ken Paxton has sued Pfizer and its drug manufacturer for allegedly providing medicine it knew to be ineffective. In a lawsuit unsealed Monday, Paxton sued Pfizer, Inc., Tris Pharma, Inc. and Tris CEO Ketan Mehta, accusing both companies of defrauding the state to get children's ADHD medicine Quillivant XR added to the state’s list of preferred drugs under the Medicaid insurance program for low-income people. The drug previously failed to meet quality standards, he said. According to Paxton, Pfizer and Tris "continually" manipulated quality-test results from 2012 to 2018 to obtain the benefit of taxpayer-funded Medicaid reimbursement for Quillivant. "For years, Tris altered the drug’s testing method in violation of federal and state laws to ensure Quillivant passed regulatory hurdles and could continue to be sold. Despite knowing about these serious problems, Pfizer misrepresented to the Medicaid program that Quillivant was in compliance with federal and state law," he claimed. "I am horrified by the dishonesty we uncovered in this investigation," said Paxton. "Pfizer and Tris intentionally concealed and failed to disclose the issues with Quillivant to receive taxpayer-funded benefits through Texas Medicaid, defrauding the state and endangering children. Our Civil Medicaid Fraud Division has done an outstanding job holding these pharmaceutical companies accountable." TEXAS GOV. GREG ABBOTT WARNS CHINA'S GROWING INFLUENCE IS 'QUITE ALARMING' Hand holding pills, Pfizer logo In this photo illustration a Pfizer logo is seen on a screen and a hand holding pills. (Rafael Henrique/SOPA Images/LightRocket via Getty Images / Getty Images) Paxton alleged Pfizer knowingly distributed Quillivant to children despite it failing quality control tests and its flawed manufacturing practices. "At no point did Defendants warn Texas Medicaid providers or decision-makers that Quillivant had known manufacturing issues affecting its efficacy, thereby depriving the Medicaid program of the crucial information it relies on.… As a result, thousands of Texas children received an adulterated Schedule II Controlled Dangerous Substance," the filing explained. Pfizer logo, stocks The Pfizer company logo is displayed on a screen at the New York Stock Exchange during afternoon trading on Nov. 3, 2023 in New York City. (Michael M. Santiago/Getty Images / Getty Images) The Texas attorney general also said many Texas families complained that Quillivant was not effective. PFIZER SAYS IT'S EYEING A $110 TO $130 LIST PRICE FOR COVID-19 VACCINE IN U.S. The U.S. Food and Drug Administration previously warned Tris of manufacturing lapses in 2017, according to the filing. The complaint notes, however, "While these events are not necessarily connected, regulatory [agencies] must have confidence that they are not." The lawsuit stems from a whistleblower complaint by Tarik Ahmed, who worked as Tris' head of technology from 2013 to 2017, Reuters reported. Ken Paxton Texas Attorney General Ken Paxton unsealed the lawsuit on Monday, Nov. 20, 2023. (Emil Lippe for The Washington Post via Getty Images / Getty Images) Nextwave Pharmaceuticals developed Quillivant XR. The company was acquired by Pfizer in 2012. GET FOX BUSINESS ON THE GO BY CLICKING HERE The state of Texas is seeking monetary payments equal to any monetary or in-kind benefits Pfizer and Tris received due to the alleged violations as well as other civil penalties. Reuters contributed to this report. https://www.foxbusiness.com/politics/texas-ag-sues-pfizer-allegedly-selling-medicine-knew-ineffective-manipulated-quality-test-results
    WWW.FOXBUSINESS.COM
    Texas AG sues Pfizer for allegedly selling medicine it knew was ineffective, manipulated quality-test results
    Texas Attorney General Ken Paxton has sued Pfizer for allegedly selling medicine it knew to be ineffective and manipulating quality-test results.
    0 Comments 0 Shares 8842 Views
  • https://www.foxbusiness.com/markets/stock-market-crash-60-days-best-selling-author-lehman-collapse
    #stocks #finance #stockmarket #soMee
    https://www.foxbusiness.com/markets/stock-market-crash-60-days-best-selling-author-lehman-collapse #stocks #finance #stockmarket #soMee
    WWW.FOXBUSINESS.COM
    Stock market will crash in 60 days, best-selling author on Lehman collapse warns
    Market risk indicators are signaling one of the highest probabilities of a crash in the next 60 days. The Bear Traps report founder Larry McDonald advises on how to allocate your capital.
    Like
    1
    0 Comments 0 Shares 2150 Views
  • KamPayToken #KamPay $KAMPAY working with #NewToTheStreet & #W3BT:
    Nasdaq interviews with #JaneKing & TV commercials broadcast on #FoxBusiness #Bloomberg & #Newsmax.
    Plus! #TimeSquare #NYC billboards! #Blockchain #Crypto #Africa #KamPay
    KamPayToken #KamPay $KAMPAY working with #NewToTheStreet & #W3BT: Nasdaq interviews with #JaneKing & TV commercials broadcast on #FoxBusiness #Bloomberg & #Newsmax. Plus! #TimeSquare #NYC billboards! #Blockchain #Crypto #Africa #KamPay
    0 Comments 0 Shares 2405 Views
  • This guy has almost unlimited resourses and could probably get something coded and pushed to market in mere weeks. And no one knows about SoMee yet. Sigh.
    https://www.foxbusiness.com/politics/elon-musk-new-platform-needed-twitter-free-speech
    This guy has almost unlimited resourses and could probably get something coded and pushed to market in mere weeks. And no one knows about SoMee yet. Sigh. https://www.foxbusiness.com/politics/elon-musk-new-platform-needed-twitter-free-speech
    0 Comments 0 Shares 460 Views