Purdue Pharma to Pay $10M Over Oxycontin
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Purdue Pharma LP has agreed to pay $10 million to the state to settle a lawsuit that accused the company of dishonestly marketing the painkiller OxyContin in West Virginia.
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Delta Air Lines Inc. said it will cut pay 10 percent for executives and most other employees and raise their health-care payments to help reduce costs and avoid filing for bankruptcy protection.
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KPMG LLP yesterday agreed to pay $10 million to settle Securities and Exchange Commission charges that the firm and four accountants engaged in improper professional conduct, leading to repeated
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The agreement between Purdue Pharma and West Virginia regulators involves a $10 million sum paid to drug abuse and education programs.
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Payment to resolve allegations pharmaceutical firm overcharged government for top drugs.
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The $634.5 million in penalties and fines that Purdue Pharma agreed to pay to resolve a false marketing charge represents 90 percent of the profits it initially made from OxyContin.
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KPMG will pay $10 million -- the largest payment ever by an accounting firm in a Securities and Exchange Commission action -- to settle charges of improper conduct while auditing Gemstar-TV Guide International Inc. , the SEC said yesterday.
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ID Biomedical Corp. IDB.TO IDBE.O  signed a 10-year U.S. distribution deal for its Fluviral drug  that could reap sales of $2.3 billion and help U.S. authorities  fill a flu vaccine shortage, the company said on Monday.
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Will the drugmaker's hefty R&D bill pay off?
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Drugmaker Perdue Pharma has agreed to give the West Virginia Attorney Generalâs office $10 million to end a lawsuit accusing the company of dishonestly marketing the painkiller OxyContin.
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The drugmaker said it is weighing cost cuts that could eliminate 10 percent of its work force over a three-year period.
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Fannie Mae investors should be entitled to about $10 billion in compensation for losses stemming from accounting manipulation at the mortgage finance company, Ohio Attorney General Marc Dann said yesterday .
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Walgreen, the largest US pharmacy chain, agrees to pay $20m in a discrimination suit brought by black workers.
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German drugmaker Merck MRCG.DE on   Thursday agreed to buy a 64.5 percent stake in rival Serono   SEO.VX in a surprise deal valued over 10 billion Swiss francs   ($8.3 billion), creating a new force in European   pharmaceuticals.
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Purdue Pharma reached a settlement with regulators in West Virginia yesterday over claims that it had inappropriately marketed Oxycontin, its controversial painkiller, to state residents.
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ATLANTA Sept. 28, 2004 - Delta Air Lines Inc. is cutting the pay of executives, administrative staff and some other employees by 10 percent, increasing the shared cost of health care coverage and making
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The Recording Industry Association of America has reached a $10 million legal settlement with a Spanish company that briefly offered MP3s online for just pennies a song.