Madigan, 37 Attorneys General Reach $90 Million Settlement with GlaxoSmithKline Over Diabetes Drug Avandia

Chicago--(ENEWSPF)--November 16, 2012. Attorney General Lisa Madigan yesterday announced a $90 million settlement with pharmaceutical company GlaxoSmithKline reached with 37 of her counterparts over allegations that the company unlawfully promoted its diabetes drug, Avandia. Illinois will receive more than $5 million under the settlement.

In filing a joint complaint and settlement today, Madigan and the other attorneys general allege that GlaxoSmithKline engaged in unfair and deceptive marketing practices when it misrepresented the safety of Avandia and the effects it would have on a patient’s cholesterol levels and cardiovascular health.

You've reached subscriber-only content

Register for free to continue reading  Free 3-day trial

Already a subscriber? Log in here.