Drug Company to Pay $3 Billion in Damages for Diabetic Drug
"After hitting the market in 1999, a 2007 study in the New England Journal of Medicine linked Avandia to a 43 percent increased risk of heart attack, and a 64 percent higher risk of cardiovascular death, compared to patients treated with other methods!"
"It started in 2004, when federal prosecutors began investigating the drug maker for marketing a handful of its drugs for unapproved uses, as well as the suspect techniques their reps used to influence doctors. The settlement also includes a U.S. Justice Department probe into potential Medicaid reimbursement fraud, as well as an investigation into the company's development and marketing of the Avandia diabetes drug."
"There were many articles and reviews published about Avandia following the New England Journal of Medicine study, but research from the Mayo Clinic revealed that 90 percent of scientists who wrote favorable articles about the drug had financial ties to GlaxoSmithKline."
"After hitting the market in 1999, a 2007 study in the New England Journal of Medicine linked Avandia to a 43 percent increased risk of heart attack, and a 64 percent higher risk of cardiovascular death, compared to patients treated with other methods!"
"It started in 2004, when federal prosecutors began investigating the drug maker for marketing a handful of its drugs for unapproved uses, as well as the suspect techniques their reps used to influence doctors. The settlement also includes a U.S. Justice Department probe into potential Medicaid reimbursement fraud, as well as an investigation into the company's development and marketing of the Avandia diabetes drug."
"There were many articles and reviews published about Avandia following the New England Journal of Medicine study, but research from the Mayo Clinic revealed that 90 percent of scientists who wrote favorable articles about the drug had financial ties to GlaxoSmithKline."