Zantac Lawsuit


Researching drug company and regulatory malfeasance for over 16 years
Humanist, humorist

Saturday, January 31, 2009

ELI LILLY PLEAD GUILTY!!!

Pharmaceutical criminals [because that's what they are] Eli Lilly, pleaded guilty to a 'misdemeanor' tied to the marketing of its top-seller, the anti-psychotic Zyprexa.

Lilly pleaded guilty to introducing misbranded drugs into interstate commerce. The company must pay a fine and forfeiture totaling $615 million.

Lilly agreed to the plea earlier this month and will pay about $800 million to resolve a civil case tied to the drug's marketing.

Prosecutors say Lilly sold Zyprexa to treat Alzheimer's-related dementia and depression, among other unapproved uses.

This from the Eli Lilly website:

Since its founding in 1876, Eli Lilly and Company has been rooted in a culture that values honesty, hard work, and caring for our community.

Nice to see that the term 'misdemeanors' now means honesty, hard work and caring for the community.



Fid


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