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The federal government has sent nearly 600 auditors and investigators to the Gulf Coast region to monitor $8.3 billion in contracts awarded to help victims of last year's hurricanes, according to year-end figures released by the Department of Homeland Security.
Richard Jones, a former ambassador to Kuwait and deputy of the Coalition Provisional Authority who has been linked to the Halliburton Iraq contract inquiries, has been selected by Secretary of State Condoleezza Rice as her new coordinator for Iraq.
But the Clinton administration quietly has hired a high-level group of former U.S. military personnel whose job far exceeds the narrow focus of the drug war and is intended to turn the Colombian military into a first-class war machine capable of winning a decades-old leftist insurgency.
Lockheed Martin of Florida and the Federal Laboratories of Pennsylvania have made quite a contribution to life in the municipality of Bethlehem. Or, in the case of Lockheed, death. Pieces of the US manufacturer's Hellfire air-to-ground missile lie in the local civil defence headquarters in Bethlehem less than two months after it exploded in 18-year-old Osama Khorabi's living room, killing him instantly.
As U.S. efforts to reduce drug trafficking out of the Andes escalate, more U.S.-supplied equipment is flowing into the region and more Americans are becoming involved -- and occasionally coming under fire. But because of the growing privatization of U.S. military efforts abroad, their presence is often unseen.
While the dead and missing toll rose toward 7000 people and the stock market suffered it's largest week's loss since the great depression due to the terrorist attack on the symbols of U.S. economic and military power, the stock of the weapon and surveillance industries zoomed. The 401 (k)retirement plans of U.S. citizens took their biggest one week hit ever as the Dow Jones fell 14.3% last week, but the big winners of the week were the weapons industry, who were the top eight corporations in percentage increase in the price of their stock.
Eli Lilly, an Indianapolis based company, that has sold insulin products to diabetes patients since 1921, has quietly raised some U.S. prices 700 percent in the last 20 years by marketing so-called improved versions to consumers. Novo Nordisk, a Danish company, has also profited handsomely from this practice.
Six executives of Swiss pharmaceutical giant Novartis have been indicted in a South Korean bribery scandal. The indictments follow similar charges in China, Turkey and the U.S. and allegations of falsifying drug trial data in Japan. Korean prosecutors have recommended that Novartis sales be suspended for six months.
Johnson & Johnson has been sued by over 1,200 women who blame the company's talcum powder products for their ovarian cancer. Not only are U.S. courts beginning to agree with them, juries have started to award victims millions of dollars in compensation.
Sun Pharma, India's biggest drug manufacturer, has been sent a warning letter about violations of manufacturing regulations at its Halol plant in Gujarat by the United States Food and Drug Administration (FDA). Indian companies supply as much as 40 percent of the drugs sold in the U.S.
Three major U.S. medical associations - the American Academy of Family Physicians, the American Academy of Pediatrics and the American College of Cardiology - have bowed to pressure from activist doctors to stop accepting corporate donations from Coca-Cola. The campaigners say Coke exerted undue influence over the medical groups.
Hundreds of drugs tested in India have been banned from sale in the European Union after French inspectors found flaws in clinical trials conducted by GVK Biosciences, a company based in Hyderabad. The Indian government has threatened to take legal action against the ban under international trade rules.
Lockheed Martin, the biggest U.S. defense contractor, failed to follow military guidelines to track and manage costs on major weapons programs, according to an internal Pentagon document released yesterday by a government watchdog group.
DaVita, a company that provides health care to patients with kidney problems, has agreed to pay $495 million to settle whistleblower complaints that the company conspired to overcharge the U.S. government. This is in addition to the $400 million that the company had to pay out last year.
Actavis, the world's third-largest generic drug manufacturer, has been sued by New York state to prevent it from forcing patients to take a new version of a popular Alzheimer's drug. The company is attempting to hook patients on an extended release version before its U.S. patent expires next year.
Gilead Sciences of San Francisco is under investigation by the U.S. Senate Finance Committee for charging $84,000 for a 12 week course of a new drug to treat hepatitis C. Gilead sells the exact same course for $900 in poor countries like Egypt and India.
Three major pharmaceutical companies - AstraZeneca, Johnson & Johnson and Pfizer - have recently delayed or canceled clinical trials for testing tuberculosis (TB) drugs in India and South Africa. Activists say this is symbolic of a trend by Big Pharma to abandon research into diseases that affect poor people.
Bayer, the German pharmaceutical giant, is in hot water after CEO Marijn Dekkers told a Financial Times conference that the company designed medicines "for western patients who can afford it" not for the "Indian market." The company has been critical of the Indian governments efforts to make cheap generic drugs available locally.
GlaxoSmithKline (GSK) has been accused of bribing doctors in China in order to boost sales. Chinese government officials say they have uncovered evidence of a bribery scheme involving 700 travel agencies who were used to funnel as much as three billion yuan ($480 million) in payments.