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Wednesday, January 14, 2009
Ind. Decisions - "Record-Setting Zyprexa Settlement Could Come Tomorrow"
Updating earlier ILB entries re Lilly's Zyprexa, the WSJ Law Blog has this entry, referencing this NYT report today by Gardiner Harris that begins:
Eli Lilly, the drug company, is expected to agree as soon as Thursday to pay $1.4 billion to settle criminal and civil charges that it illegally marketed its blockbuster antipsychotic drug Zyprexa for unauthorized use in patients particularly vulnerable to its risky side effects.The amount of the settlement is a record sum for so-called corporate whistle-blower cases, which are federal lawsuits prompted by tips from company employees or former employees. Details of the agreement were provided by people involved in the negotiations.
Among the charges, Lilly has been accused of a scheme stretching for years to persuade doctors to prescribe Zyprexa to two categories of patients — children and the elderly — for whom the drug was not federally approved and in whom its use was especially risky.
Posted by Marcia Oddi on January 14, 2009 03:43 PM
Posted to Courts in general