Friday, March 11, 2011

AstraZeneca will pay $2.4 million -- NewsObserver.com

AstraZeneca Pharmaceuticals will pay North Carolina $2.4 million from AstraZeneca Pharmaceuticals to resolve allegations that it improperly marketed the drug Seroquel.

In all, the pharmaceutical company will pay $68.5 million to 37 states over the allegations - the largest ever consumer protection settlement involving a pharmaceutical company, according to N.C. Attorney General's Office. The deal surpasses a 2008 settlement where Eli Lilly paid $62 million to resolve allegations about the drug Zyprexa.

"It's dangerous to push medications as treatments for conditions they haven't been proven to treat," Attorney General Roy Cooper said in a statement announcing the settlement. "Patients and doctors deserve accurate information about drugs, not to be misled by tricky marketing."

Posted via email from Jack's posterous

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