Friday, November 03, 2006

Paxil Lawsuit Update

GlaxoSmithKline PLC has agreed to pay $63.8 million to settle a lawsuit's claims that it promoted its antidepressant drug Paxil for use by children and adolescents while withholding negative information about the medication's safety and effectiveness.

As part of the settlement, GlaxoSmithKline denies the lawsuit's claims, including that consumers paid too much for the drugs, but the world's second-largest pharmaceutical company wants to resolve the matter to avoid further litigation costs.

Read more at PharmaGossip. Read more about Paxil shenanigans here, here and here. After re-reading these posts, I want to sue them!

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