Federal prosecutors in Massachusetts say British drug maker GlaxoSmithKline PLC will pay $750 million to settle allegations that its subsidiary manufactured and sold adulterated drugs, including the popular antidepressant Paxil.
U.S. Attorney Carmen Ortiz on Tuesday announced that GlaxoSmithKline has agreed to settle civil and criminal charges related to the subsidiary in Puerto Rico. Ortiz said the London-based company will pay $150 million in criminal fines and $600 million in civil penalties.
GlaxoSmithKline to pay $750 million in pill case
Since September, 16 major drug companies have inked deals with the Trump administration to lower prices....
