State Getting $22.8 Million from GlaxoSmithKline Settlement

By: Associated Press
By: Associated Press

Michigan Attorney General Bill Schuette says the state is in line to get $23.8 million as part of a $3 billion settlement of an improper drug marketing case against GlaxoSmithKline LLC.
The U.S. Justice Department said Monday that the British pharmaceutical giant agreed to the payment and is pleading guilty to promoting two popular drugs for unapproved uses.
The federal government says the company also admits failing to disclose important safety information on a third drug.
Michigan was among states that sued the company.
Schuette says GlaxoSmithKline underpaid the rebates in owed for drugs paid through Michigan's Medicaid program.
The Justice Department says the $3 billion combined criminal-civil fine will be the largest penalty ever paid by a drug company.

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  • by anonymous on Jul 4, 2012 at 07:06 AM
    They have it that way so they can get the monies from the law suits but to hell with the people who it really affects(the people taking it).
  • by Anonymous on Jul 3, 2012 at 07:15 AM
    Funny how the state will take the money and our AG will take the money. Even though we as citizens are not allowed to sue drug companies in this state. And the AG party wants to keep it this way so that we can't sue!
    • reply
      by Anonymous on Jul 3, 2012 at 02:55 PM in reply to
      Yes I agree.
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