😁 THROWBACK: Big Pharma’s shell game to cheat the law

Pharmaceutical companies have long used subsidiaries to dodge legal setbacks, says this decade‑old video.

In 2007, Pfizer and federal prosecutors reached an agreement for a guilty plea in a kickback case. The plea was formalized after a Pfizer subsidiary pleaded guilty.

Shell companies, “which had never sold so much as a single pill,” are created to be a “legal shield” for Big Pharma titans.

💬 “In other words, if Pfizer was at risk of being convicted, the shell company would take the hit.”