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Drug maker agrees to $45M settlement with La

3 years 10 months 1 day ago July 26, 2013 Jul 26, 2013 Friday, July 26 2013 July 26, 2013 4:15 PM in News
Source: Associated Press

BATON ROUGE - GlaxoSmithKline has agreed to pay Louisiana $45 million to settle lawsuits accusing it of improperly marketing the diabetes drug Avandia and other drugs.

Attorneys for the state and company told a judge Friday that GSK also will pay an additional $7 million to the private lawyers who handled the state's lawsuits against the firm.

GSK further agreed to drop a lawsuit it filed last year against state Attorney General Buddy Caldwell. The suit claimed the private lawyers hired by Caldwell had a "personal financial interest" in the outcome of the litigation.

Attorney Wade Shows, one of the questioned lawyers, says the $45 million is part of a $229 million settlement with seven other states. He says the money will go directly to Louisiana's Medicaid program.

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