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NY State to Get $146M in Drug Settlement

Money

New York stands to receive $146 million in the national settlement with pharmaceutical giant GlaxoSmithKline, which has agreed to pay $3 billion overall to settle federal and state complaints related to marketing and pricing of its drugs. WAMC's Dave Lucas reports...

New York Attorney General Eric Schneiderman says the record recovery will go to the state's Medicaid program.

GlaxoSmithKline has agreed to pay $2 billion in damages and civil penalties and a $1 billion criminal fine, settling charges it marketed certain drugs for uses not approved by the U.S. Food and Drug Administration.

Charges include marketing the depression drug Paxil for off-label use by children.

The company says it has changed compliance procedures and is pleading guilty to misdemeanor federal charges, while admitting no wrongdoing in the broader civil settlement.

Dave Lucas, WAMC News. 

Copyright 2012 The Associated Press.  All Rights Reserved.

Dave Lucas is WAMC’s Capital Region Bureau Chief. Born and raised in Albany, he’s been involved in nearly every aspect of local radio since 1981. Before joining WAMC, Dave was a reporter and anchor at WGY in Schenectady. Prior to that he hosted talk shows on WYJB and WROW, including the 1999 series of overnight radio broadcasts tracking the JonBenet Ramsey murder case with a cast of callers and characters from all over the world via the internet. In 2012, Dave received a Communicator Award of Distinction for his WAMC news story "Fail: The NYS Flood Panel," which explores whether the damage from Hurricane Irene and Tropical Storm Lee could have been prevented or at least curbed. Dave began his radio career as a “morning personality” at WABY in Albany.