Philidor Rx Services

Valeant Pharmaceuticals Scandal Exposes Systematic Price Gouging Strategy - 3000% Increase on Syprine, Philidor Fraud Network

| Importance: 9/10

Valeant Pharmaceuticals’ October 2015 disclosure of its relationship with specialty pharmacy Philidor Rx Services triggered the unraveling of a systematic drug price gouging scheme that had raised prices on dozens of medications by 50-3000% over two years. Under CEO Michael Pearson, Valeant …

Valeant Pharmaceuticals J. Michael Pearson Philidor Rx Services William Ackman Securities and Exchange Commission (SEC) +2 more pharmaceutical-industry drug-pricing healthcare corporate-fraud systematic-corruption +1 more
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