Wednesday, April 18, 2012
Glaxo in Yet Another Out-of-Court Settlement
I can't think of any other corporation that have settled so many cases out-of-court than GlaxoSmithKline. Be it Paxil withdrawal cases or Paxil birth defect cases or even Avandia cases, Glaxo are the company that just likes to settle.
Makes one wonder why they actually contest any charges brought against them.
Yesterday they were doing what they do best and settling with Idaho taxpayers for their part in incorrectly reporting drug prices.
SmithKline Beecham Corporation, writes Legal Newsline, doing business as GlaxoSmithKline, will reimburse Idaho taxpayers $2.6 million for Idaho's share of the excessive prices Idaho Medicaid paid for prescription drugs due to the inflated average wholesale prices that were reported.
Part of Glaxo's settlement will reimburse the federal government for its Medicaid overpayments.
GlaxoSmithKline's corporate tagline is...
GlaxoSmithKline helps people to do more, feel better and live longer.
Hmmm, are they talking about themselves or their consumers?
Read more HERE
ORDER THE PAPERBACK 'THE EVIDENCE, HOWEVER, IS CLEAR...THE SEROXAT SCANDAL' By Bob Fiddaman US and CANADA HERE OR UK HERE
AUSTRALIAN ORDERS HERE