Monday February 24, 2020

GSK pays $3 billion in healthcare fraud case

UPDATE: GSK $3 billion settlement in a healthcare fraud case was the largest ever, reports Bloomberg News

3rd July, 2012
Paxil: one of the drugs involved in the case

GlaxoSmithKline, the company with 1,600 employees in Ireland, is to pay $3 billion to resolve criminal and civil allegations that it illegally promoted prescription drugs and failed to report safety data.

The settlement, the largest-ever in a health-care fraud case in the US, includes a criminal fine of $956.8 million, the Justice Department said today.

GSK will plead guilty to marketing the drugs Paxil and Wellbutrin for uses not approved by the US Food and Drug Administration and...

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