Avandia, Paxil, Wellbutrin Lawsuits

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British Company, GlaxoSmithKline, Pay $3 Billion in Avandia, Paxil and Wellbutrin Settlement In the largest case of health-care fraud in US history, GlaxoSmithKline (GSK) pleads guilty to misdemeanor criminal charges and will pay out $3 billion in settlement charges. GSK is pleading guilty to failing to provide the US Food and Drug Administration with safety [...]

Judge Orders Glaxo to Resolve Remaining Avandia Lawsuits

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In the wake of GlaxoSmithKline’s announcement that the London-based company will pay the U.S. government $3 billion to settle civil and criminal charges over the illegal marketing of Avandia, U.S. District Judge Cynthia Rufe is now pushing for the resolution of all remaining patient lawsuits over the medication. To that end, Judge Rufe this week [...]

Glaxo Pays U.S. $3 Billion to Settle Criminal and Civil Investigations

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GlaxoSmithKline is the latest pharmaceutical company to reach a settlement agreement with federal prosecutors over the illegal marketing practices associated with several of its products. The company has agreed to pay the U.S. government $3 billion in order to settle civil and criminal investigations into the sales of a number of their drugs. One of [...]

Avandia Pulled By FDA

The FDA has announced that Avandia, or rosiglitazone the well known diabetes medication will be off the shelves starting in November. The drug exposes user to increased risk of heart attacks. Going forward, only “certified doctors will be allowed to prescribe the drug, and only to patients who’ve been informed of the risks and who [...]