Attorneys general reach settlement with drug company
Iowa Attorney General Tom Miller and 37 other attorneys general today reached a $90 million settlement with GlaxoSmithKline PLC (GSK) to resolve allegations that the company unlawfully promoted its Avandia diabetes drug.
The attorneys alleged that the company engaged in deceptive practices by misrepresenting the drug’s cardiovascular risk and safety profile.
Under the settlement, GSK will pay $1.6 million to Iowa’s consumer education and litigation fund.
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