Glaxo To Pay $750 Million Penalty For Tainted Drugs

by VR Sreeraman on  October 27, 2010 at 11:42 AM Medico Legal News
RSS Email Print This Page Comment bookmark
Font : A-A+

British pharmaceutical giant GlaxoSmithKline has agreed to plead guilty in a tainted drug scandal and to pay a 750-million-dollar US fine, the Justice Department said on Tuesday.
 Glaxo To Pay $750 Million Penalty For Tainted Drugs
Glaxo To Pay $750 Million Penalty For Tainted Drugs

Pharmco Puerto Rico, a subsidiary of GlaxoSmithKline (GSK), admitted it was guilty of the charges relating to the manufacture and distribution of certain adulterated drugs made at a now-closed Puerto Rico facility, the department said.

The resolution includes a criminal fine of 150 million dollars and a civil settlement of 600 million dollars to the federal government and states, it said in a statement.

Four drugs manufactured by Pharmco were deemed adulterated after they did not conform to US safety requirements and did not have the "quality and purity characteristics which it purported or was represented to possess."

The drugs, manufactured at the plant between 2001 and 2005, are Kytril, Bactroban, Paxil CR and Avandamet.

The guilty plea and sentence is not final until accepted by the US District Court in Boston, Massachusetts, the department said.

Source: AFP

Post a Comment

Comments should be on the topic and should not be abusive. The editorial team reserves the right to review and moderate the comments posted on the site.
Notify me when reply is posted
I agree to the terms and conditions

More News on:

Drug Toxicity Top Ten Selling Drugs 

News A - Z

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

News Search

Medindia Newsletters

Subscribe to our Free Newsletters!

Terms & Conditions and Privacy Policy.

Find a Doctor

Stay Connected

  • Available on the Android Market
  • Available on the App Store

Facebook

News Category

News Archive