Articles by Jesse A. Witten - Pharmaceutical Executive

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Articles by Jesse A. Witten

Legal: The Kickback Effect

Pharma tends not to treat relationships with foreign doctors as cautiously as it does those with US physicians. But watch out: Misconduct on the part of your international employees could get kicked back onto your plate.
May 1, 2006

Criminal penalties for violating the Foreign Corrupt Practices Act can be substantial. Businesses found guilty may be fined upwards of $2.5 million for each offense, or twice the amount gained as a result of the violation.

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