Glaxo Settles Paxil Suit With NY Attorney General
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GlaxoSmithKline Plc, Europe&#39;s largest drugmaker, said it settled a lawsuit filed by New York Attorney General Eliot Spitzer, who accused the drugmaker last June of withholding safety data on the antidepressant Paxil.
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British pharmaceutical group GlaxoSmithKline said it had agreed to pay the US Treasury about 3.1 billion dollars (2.44 billion euros) after settling out of court a long-running tax dispute.
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British pharmaceuticals giant GlaxoSmithKline today agreed to make public information about all its clinical drug trials following accusations that it misled doctors about the safety of an anti-depressant for children.
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A settlement of an inquiry into Lillyâs marketing of the antipsychotic drug Zyprexa could result in the companyâs paying more than $1 billion to federal and state governments.
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Pharmaceutical company GlaxoSmithKline PLC said Monday that Bayer Healthcare AG has paid more than 200 million euros (&#36;260 million) for sole marketing rights outside the United States for the erectile dysfunction drug Levitra.
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German chemicals and pharmaceuticals giant Bayer said it had acquired the marketing rights for GlaxoSmithKline's erectile dysfunction treatment Levitra in a number of countries outside the US for 208 million euros (272 million dollars).
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WASHINGTON -- Drug giant GlaxoSmithKline agreed to pay $3.4 billion in the largest tax settlement in IRS history, resolving a dispute from the 1980s over the multinational company's U S profits.
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GlaxoSmithKline is expected to be hit with a wave of lawsuits from users of the diabetes drug Avandia, plaintiff's lawyers said on Wednesday.
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ALBANY, NYâGlaxoSmithKline PLC agreed yesterday to release negative data on the safety and effectiveness of its drugs to settle a lawsuit by New York&#39;s attorney general that accused the pharmaceutical maker of misrepresenting data on prescribing its
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In a settlement that the New York State attorney general said would transform the drug industry, GlaxoSmithKline has agreed to post on its Web site the results of all clinical trials involving its drugs.
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GlaxoSmithKline Plc (GSK.L: Quote, Profile, Research) has got off more lightly than expected in a high-profile legal clash
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NEW YORK  - Cognitive behavior therapy and treatment with the antidepressant paroxetine, better known as Paxil or Seroxat, may both be effective short-term treatments for people with an excessive concern about illness, according to Dutch researchers.
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Merck &amp; Co  agreed to pay more than $649 million to resolve litigation related to its cholesterol drug Zocor and painkiller Vioxx, a federal prosecutor said on Thursday.
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(New York-AP, Sept. 3, 2004 5:40 PM) _ Pfizer agreed to pay $430 million to settle lawsuits alleging injury from insulation products made by a subsidiary.
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GlaxoSmithKline Plc, Europe&#39;s biggest drugmaker, said on Monday a US court had ruled in its favor in patent litigation with Israel&#39;s Teva Pharmaceuticals over anti-nausea drug Zofran.
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Schering-Plough Corp. paid $435 million in fines and pleaded guilty to criminal conspiracy charges to settle Justice Department accusations that it lied to the government about drug prices and improperly marketed cancer drugs for uses not approved by the Food and Drug Administration.
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WASHINGTON -- The Internal Revenue Service announced Monday that it had settled a dispute with the pharmaceutical giant GlaxoSmithKline Holdings (Americas) under which Glaxo will pay $3.4 billion in the largest tax dispute in IRS history.