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GlaxoSmithKline Agrees to $3B Fraud Settlement
Blog of legal times ^ | Today | Mike Scarcella

Posted on 07/02/2012 6:44:29 PM PDT by Mechanicos

GlaxoSmithKline agreed to plead guilty to criminal charges in U.S. District Court for the District of Massachusetts and to pay $1 billion in criminal fines and forfeitures for the illegal marketing and promotion of the drugs Paxil and Wellbutrin.

Officials said the company between 1998 and 2003 unlawfully promoted Paxil for treating depression in patients under the age of 18. The Food and Drug Administration has not approved that use of the drug, DOJ officials said. The officials said GlaxoSmithKline illegally promoted Wellbutrin for uses that included weight loss, substance abuse and sexual dysfunction.

DOJ officials said the company will pay an additional $2 billion to resolve civil allegations under the False Claims Act. The claims include allegations company officials paid kickbacks to doctors to prescribe certain drugs, including Paxil, Wellbutrin and Advair.

(Excerpt) Read more at legaltimes.typepad.com ...


TOPICS: Business/Economy; Government; Health/Medicine
KEYWORDS: aagain; advair; fraud; paxil; wellbutrin
Pled guilty to criminal fraud but Holder's Just Us dept refused to charge anybody.
1 posted on 07/02/2012 6:44:38 PM PDT by Mechanicos
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To: Mechanicos

That 3b will go right into Oslamas reelection war chest through back channels.


2 posted on 07/02/2012 7:15:41 PM PDT by deadrock
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