Pharmaceuticals, Lawsuit Settlement | featured news

Abbott to Pay $1.6 Billion Over Illegal Marketing

Abbott Laboratories said it reached an agreement with the federal government and most states to pay $1.6 billion in connection with its marketing of the anti-seizure drug Depakote... The four whistle-blowers are to share $84 million in federal rewards and $22 million for state-level claims...

Senh: Dang, the four whistle-blowers will get nearly $100M from that settlement. If you work for a huge corporation dabbling in illegal activities, blow the whistle on them - you can be a multi-millionaire if you're successful.

 

Glaxo to Pay $3 Billion in Avandia Settlement

The settlement is the largest yet in a wave of cases brought against pharmaceutical companies for illegal marketing of drugs.

 

GlaxoSmithKline to pay $750 million in pill case

GlaxoSmithKline to pay $750 million in pill case

Federal prosecutors in Massachusetts say pharmaceutical company GlaxoSmithKline will pay $750 million to settle allegations that it knowingly manufactured and sold adulterated drugs at its plant in Puerto Rico, including the popular antidepressant Paxil.

 

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