A Louisiana doctor who has brought a series of whistleblower lawsuits against pharmaceuticals companies is in line for a windfall from Pfizer that would take his total payout from fraud settlements close to $100m.
William LaCorte was one of two whistleblowers whose lawsuits resulted in Pfizer yesterday agreeing to pay the US justice department $784.6m to settle allegations that its Wyeth subsidiary overcharged government Medicaid programmes for a heartburn drug.
The 67-year-old practising medic is likely to receive about $59m of the settlement under US laws aimed at encouraging whistleblowing — adding to his $38m from similar lawsuits.
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