In light of the kickback charges being levied against drug maker Novartis, the companyโ€™s chairman seems to be somewhat dismissive. Last week Jaclyn Jaeger, writing in this publication, noted the unrepentant attitude of the Chairman Jรถrg Reinhardt who said at the annual shareholderโ€™s meeting that the company is โ€œworking fully with relevant authorities. We are also carrying out a detailed investigation of our own. These investigations are going to take a lot of time, because we have to look at all of our interactions with thousands of doctors over a ten-year period.โ€ He then added, โ€œSo far, the authorities have not brought any formal charges against Novartis or against any of our employees โ€ฆ They may never be proven. I donโ€™t believe we should simply assume that the press is correct about the level of issues involved. Myself and my colleagues will clear this with authorities.โ€

Thomas Fox has practiced law for over 40 years. Tom writes the daily award-winning blog, the FCPA Compliance and Ethics blog and founded the Compliance Podcast Network. Tom leads the discussion on AI in...