GlaxoSmithKline Pays $3B

FRAUD

Updated Apr. 21, 2017 4:28PM EDT / Published Jul. 02, 2012 12:57PM EDT

Kirsty Wigglesworth / AP Photo

GlaxoSmithKline was a little too eager for some people to take their medicine. The pharmaceutical manufacturer made what Department of Justice officials are calling the largest fraud settlement by a health-care company in American history on Monday. The company ponied up $1 billion in fines and an additional $2 billion in civil settlements after pleading guilty to encouraging the drug Paxil for use by children under the approved age of 18. The company also improperly promoted the depression drug Wellbutrin and did not disclose critical safety information regarding the diabetes medicine Avandia.

Read it at The Associated Press

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GlaxoSmithKline Pays $3B

Kirsty Wigglesworth / AP Photo