California Attorney General Bill Lockyer said Tuesday that GSK will repay California agencies $2 million to resolve a long-running court case.
Nationwide, Lockyer said, GlaxoSmithKline will refund $13 million to state governments that bought the company's anti-depressant drug Paxil from 1997 to 2003.
State governments alleged that their various programs paid inflated prices for the firm's anti-depressant drug Paxil because GlaxoSmithKline engaged in patent fraud, antitrust violations and frivolous litigation to maintain a monopoly and block generic versions from entering the market.
"This multibillion-dollar drug company unjustly enriched itself at the expense of health insurers, consumers fighting depression and, in this case, taxpayers," Lockyer said.
More here
Insiders view: great quote! Is he running for somthing?
No comments:
Post a Comment