"It's not about what they tell you, it's about what they don't."
~ Bob Fiddaman, Author, Blogger, Researcher, Recipient of two Human Rights awards
Researching drug company and regulatory malfeasance for over 16 years
Humanist, humorist
Showing posts with label Anti Trust. Show all posts
Showing posts with label Anti Trust. Show all posts
Friday, January 18, 2013
GSK - $21.5 Million Settlement For Delaying Generic Competition
All part of an era eh, Andy?
On the 21st December GSK, the company who pay fines and settlements whilst never admitting to any wrong-doing, paid $21.5 million to plaintiffs who had claimed that GSK had forced them to pay higher prices for antidepressant Wellbutrin SR, also known and branded as the smoking cessation drug, Zyban.
The settlement resolves [ahem] allegations that GSK violated antitrust, consumer fraud and consumer protection laws and made an unjust profit from the sale of Wellbutrin.
Way to go Glaxo!
For those who don't know, last year GlaxoSmithKline, the company that want us to believe that their violations are a thing of the past, entered a guilty plea into, amongst other things, the off-label promotion of drugs. One such drug was Wellbutrin. Glaxo were subsequently fined a massive $3 billion.
So, not only were they promoting this antidepressant cum smoking cessation drug to people it should never have been prescribed to, they were also forcing those buying it to pay higher prices.
Labels:
Andrew Witty,
Anti Trust,
Fraud,
GLAXOSMITHKLINE,
gsk,
Settlement,
Wellbutrin,
Zyban
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