How much does it pay to sue Big Pharma? In the case of one serial whistleblower, $59 million. Louisiana doctor William LaCorte is set to collect a boatload of cash after filing a whistleblower suit against Pfizer over its heartburn med Protonix, which recently resulted in $784 million settlement.
The windfall from the latest fraud suit brings LaCorte’s total payout from fraud settlements to almost $100 million, The Financial Times reports. LaCorte will share the rewards with a former AstraZeneca ($AZN) sales rep, Lauren Kieff, who also filed a whistleblower suit against Pfizer. The company said this week that it would shell out $784 million to settle claims that its Wyeth unit overcharged Medicaid for Protonix.