Legal News

AstraZeneca Settles with South Carolina for $26 Million
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

On Friday, AstraZeneca Plc informed that it has agreed to a $26 million settlement with the state of South Carolina to bury the lawsuit accusing it of misleading consumers about the risks associated with Seroquel, the anti-psychotic drug. According to court papers, the settlement of the lawsuit, which had been filed in 2009, was reached on Wednesday, last week.

A spokesman for AstraZeneca, Tony Jowell, said in a statement on Friday, “After years of costly litigation, we decided that settling this case was the appropriate way to resolve the matter and allow the company to focus on our core mission of delivering meaningful medicines to patients.”

The deputy attorney general of South Carolina, Bryan Stirling, said the agreement included “a total settlement of all claims.”

  
What
Where


The settlement is the most recent one in an all out effort by AstraZeneca to stop regulatory probes into its sales and marketing related to Seroquel. In March 2011, AstraZeneca had agreed to a $68.5 million settlement with 37 states. In 2010, it had reached a $520 million settlement with federal regulators including the DOJ over its off-label marketing of Seroquel.

Seven states including South Carolina did not join the earlier settlement and continued to pursue their own claims. Since then, Astra Zeneca has settled with six states including South Colorado being the latest. The suit by Mississippi is still pending.

Earlier in August, the company claimed reaching settlements with New Mexico and Utah. However, the agreements are to be finalized, and a spokesman for the New Mexico attorney general said, “there is a tentative settlement in place.”

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!




The case is State of South Carolina v. AstraZeneca Pharmaceuticals, LP, et al, Court of Common Pleas for the Seventh Judicial Circuit in South Carolina, 2009-CP-42-00097.





 

RELEVANT JOBS

Associate Attorney

USA-CA-Sacramento

Qualification Requirements: Candidate must possess the requisite knowledge, skills and capability...

Apply now

Patent Paralegal

USA-TX-Austin

Boutique patent firm seeks experienced patent paralegal to support a small group of attorneys. This ...

Apply now

Staff Accountant

USA-CA-San Francisco

Levin Simes Abrams LLP has an immediate opening for a Staff Accountant to join our team and work clo...

Apply now

Attorney with some Unlawful Detainer experience preferred

USA-CA-Oakland

Oakland based law office has an opening for an Unlawful Detainer Attorney This is a temporary to ...

Apply now

BCG FEATURED JOB

Locations:

Keyword:



Search Now

Intellectual Property Attorney

USA-CA-Los Angeles

Los Angeles office of a BCG Attorney Search Top Ranked Law Firm seeks an intellectual property attor...

Apply Now

Electrical Engineering, Computer Science/Engineering Associate Attorney

USA-IL-Chicago

Chicago office of a BCG Attorney Search Top Ranked Law Firm seeks electrical engineering, computer s...

Apply Now

Attorney

USA-FL-Jacksonville

Jacksonville office of a BCG Attorney Search Top Ranked Law Firm seeks an attorney with 4-20 years o...

Apply Now

SEARCH IN ARCHIVE

To Top