ISSUE NO. 1658
13 - 19 April 2017
MALLORCA
YOUR PAPER, YOUR VOICE, YOUR OPINION
False hope
Doctors defrauded over €600,000 By John Smith and Matt Ford Two university professors are among five arrested in a €600,000 fake anti-cancer drug scandal. The accused allegedly exploited facilities at the Universitat de les Illes Balears (UIB) to produce a fake anti-cancer drug that they sold online across Spain. Xavier Busquets and Pablo Escriba founded Lipopharma, a biopharmaceutical company based on the university campus, 15 years ago. They have been working
with an ‘artificial molecule’ which has not passed the necessary tests to obtain accreditation from the Spanish Medicine’s agency. Despite the drug not having been authorised for sale, it has been patented by the UIB and given the commercial name Minerval. Investigators from the National Police’s Economic Delinquency unit also detained the company’s business manager and two others linked to the non-profit Marathon Glioma Foundation. Glioma is a particularly aggressive form of cancer that typically appears in the brain or
spine, and Minerval has been marketed to sufferers, with one parent having paid €25,000 in an attempt to save his daughter. The accused are suspected of defrauding clients of at least €611,000, but the prosecution believe there may be more victims, who are now being encouraged to step forward.
DRUG SCANDAL: Fake anti-cancer drug was sold online.
WWW.EUROWEEKLYNEWS.COM