Overall, the state and 37 other attorneys general will get $68.5 million in the largest ever multistate consumer protection-based agreement with a pharmaceutical company.
AstraZeneca marketed its antipsychotic drug Seroquel for unapproved or off-label uses, according to a complaint that also said that it failed to adequately disclose potential side effects to health care providers and withheld negative information in scientific studies about safety and the effectiveness of the drug.
Under the settlement, AstraZeneca has to publicly post its payments to physicians on a website.
It also must implement policies to ensure financial incentives arent given to salespeople for off-label marketing and that those salespeople dont promote the drug to health care providers that are unlikely to prescribe Seroquel for an FDA-approved use and cite the drugs FDA-approved uses when referencing selected symptoms rather than promoting by highlighting symptoms only.Comments | Share your thoughts »Related StoriesMore Business News headlinesAnti-subsidy fervor, high crop prices vex farmersStock market plunges in TokyoLet insurer spy on driving, get a discountMitsubishi Electric to build Memphis plant, hire up to 275Selected for you by a sponsor:ADVERTISEMENT
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