Glaxo to pay $750m over adulterated drug claims

The drug company GlaxoSmithKline PLC will pay $750m (€542m) to settle allegations that it knowingly manufactured and sold adulterated drugs, federal prosecutors in the US said yesterday.

Glaxo to pay $750m over adulterated drug claims
Wed, 27 Oct, 2010 - 15:44

The drug company GlaxoSmithKline PLC will pay $750m (€542m) to settle allegations that it knowingly manufactured and sold adulterated drugs, federal prosecutors in the US said yesterday.

US Attorney Carmen Ortiz said the London-based company will pay $150m in criminal fines and $600m in civil penalties related to faulty manufacturing processes at its plant in Cidra, Puerto Rico.

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CourtsBusinessHeathrowPlace: USPlace: LondonPlace: CidraPlace: Puerto RicoPlace: North CarolinaPerson: US AttorneyPerson: Carmen OrtizPerson: OrtizPerson: Cheryl EckardPerson: EckardPerson: Tony WestOrganisation: GlaxoOrganisation: GlaxoSmithKline PLCOrganisation: GlaxosmithklineOrganisation: US Food and Drug AdministrationOrganisation: FDAOrganisation: SB Pharmco Puerto RicoOrganisation: US governmentOrganisation: US Department of Justice
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