FRENCH DRUG MAKER IN FATAL FRAUD PROBE

The founder of a French pharmaceutical company is being investigated for possible criminal sanctions after serious health concerns were detected among patients using the now-withdrawn diabetes drug Mediator.

The investigation could eventually lead to manslaughter charges against 90-year-old Louis Servier, founder of Servier Laboratories, who had to post bail of nearly $100,000. Reuters reports that the diabetes drug is being tied to at least 500 deaths worldwide, most of them in France, which charges that Servier misled authorities about the drug's dangers.

Six subsidiaries of Servier are also under investigation and have been told to pay millions of dollars in fines.

Hide Comments

READER COMMENTS

Loading comments...
Hide Comments