Articles Tagged with false advertising

According to the CBS Evening News, GlaxoSmithKline- a British pharmaceutical company- has been ordered to pay $3 billion in a settlement after an investigation of its sales and marketing practices.

The Washington Post stated that the investigation spanned seven years, with analysis of marketing practices for 10 well-known GlaxoSmithKline drugs. The investigation also questioned possible Medicaid reimbursement fraud.

“The settlement [is] the largest yet in a wave of federal cases against pharmaceutical companies accused of illegal marketing, surpassing the previous record of $2.3 billion paid by Pfizer in 2009,” as reported by New York Times.