GSK to Pay $750M to Settle Charges Over ‘Adulterated Drugs’
This is a discussion on GSK to Pay $750M to Settle Charges Over ‘Adulterated Drugs’ within the Law News forum, part of the FORUM INFORMATION category; GlaxoSmithKline has agreed to pay an eye-popping $750 million and will plead guilty to a criminal charge to settle a ...
 POST NEW QUESTION |
|
|
Thread Tools | Search this Thread | Rate Thread | Display Modes |
Oct 27th, 2010, 08:10 AM
|
#1 |
|
News
Join Date: Mar 2008
Posts: 6,073
|
GSK to Pay $750M to Settle Charges Over ‘Adulterated Drugs’
GlaxoSmithKline has agreed to pay an eye-popping $750 million and will plead guilty to a criminal charge to settle a U.S. government investigation of manufacturing deficiencies at a former plant in Puerto Rico.
 The probe was sparked by a suit filed by a former whistleblowing employee who is now entitled to $96 million from the settlement under the False Claims Act, which allows whistleblowers to collect percentages of settlements in cases that involve fraud on the government. The investigation largely concerned the manufacture of defective pills including the Paxil antidepressant at Glaxo’s plant in Cidra, Puerto Rico, between 2001 and 2005. U.S. authorities found that some tablets could split apart or had inappropriate amounts of active ingredient, posing safety risks. Glaxo has since closed the facility. More... |
|
|
|
| Bookmark & Share |
«
Arizona Execution Halted Over Confusion Concerning Lethal Drug
|
Arizona Inmate Executed After High Court, Voting 5-4, Lifts Stay
»
| Thread Tools | Search this Thread |
| Display Modes | Rate This Thread |
Linear Mode
More
|
|
|
||||
| Thread | Thread Starter | Forum | Replies | Last Post |
| Novartis to Drop $422.5 M to Settle Marketing, Kickback Charges | WSJ Law Blog | Law News | 0 | Oct 1st, 2010 08:10 AM |
| Wrinkle Free! Botox Maker Pays $600M to Settle Marketing Charges | WSJ Law Blog | Law News | 0 | Sep 2nd, 2010 08:10 AM |
| SEC, New Jersey Settle Fraud Charges, But Should Someone Have Paid? | WSJ Law Blog | Law News | 0 | Aug 19th, 2010 08:20 AM |
| If I pay 40% to settle a credit card do I need to get a document? | Unregistered | Debt Collection | 5 | Aug 7th, 2010 10:11 AM |
| ‘A Bad Way to Run a Railroad’: Dell Pays Big to Settle Fraud Charges | WSJ Law Blog | Law News | 0 | Jul 23rd, 2010 11:30 AM |
All times are GMT -5. The time now is 04:31 AM.