Thursday, July 22, 2010

AstraZeneca Said to Pay $2 Million to Settle Lawsuits Over Seroquel Drug - Bloomberg

AstraZeneca Plc agreed to pay $2 million to settle more than 200 cases over its antipsychotic drug Seroquel in the first resolution of lawsuits alleging the medicine causes diabetes, people familiar with the accords said.

The settlement, which provides an average payout of more than $10,000 per case, came as the result of a U.S. court-ordered mediation involving 26,000 cases filed against London-based AstraZeneca over Seroquel, the people said.

Posted via email from Jack's posterous

1 comment:

Anonymous said...

Cump Change.