Loading…
Friday, December 26, 2014
Current Weather
Loading Current Weather....
Published: Tuesday, 5/8/2012

Abbott Laboratories to pay $1.5B settlement

BLADE NEWS SERVICES

WASHINGTON — Abbott Laboratories has pleaded guilty and agreed to pay $1.5 billion over allegations that it promoted the anti-seizure drug Depakote for uses that were not approved by the Food and Drug Administration.

At a news conference at the Justice Department, U.S. Attorney Timothy Heaphy said that top executives of Abbott carried out a strategy of systematically marketing the drug for purposes other than what federal regulators had intended.



Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. If a comment violates these standards or our privacy statement or visitor's agreement, click the "X" in the upper right corner of the comment box to report abuse. To post comments, you must be a Facebook member. To find out more, please visit the FAQ.

Related stories









Poll