A pharmacist puts medications on the shelves of his store. (Photo: viewfinder, via Shutterstock)OPINION: We’ve seen the stories of Pharma Bro, we’ve read about Big Pharma’s Q1 profit margins. What drug companies are trying to keep secret though, is Pay-for-Delay, a sneaky tactic that brand name and generic drug companies are using – and getting away with — that costs Americans $3.5 billion per year in higher health care costs.
The life-size bronze statue of Tommy Trojan on the campus of the University of Southern California. (Photo: Kit Leonjg, via Shutterstock)It’s pretty much all there: money, celebrity, scandal, more money, cheating, coaches being bribed — advantage layered over advantage. In what federal law enforcement officials say is the “largest college admissions scam ever prosecuted by the Department of Justice,” federal prosecutors have accused dozens of wealthy parents of making at least $25 million in illegal payments in one form or another to get their unqualified children into select colleges.