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GlaxoSmithKline Pleads Guilty, Pays Settlement of 3 Billion

(Reuters):  - GlaxoSmithKline Plc agreed to plead guilty to misdemeanor criminal charges and pay $3 billion to settle what government officials on Monday described as the largest case of healthcare fraud in U.S. history.

The agreement, which still needs court approval, would resolve allegations that the British drugmaker broke U.S. laws in the marketing and development of pharmaceuticals.

GSK targeted the antidepressant Paxil to patients under age 18 when it was approved for adults only, and it pushed the drug Wellbutrin for uses it was not approved for, including weight loss and treatment of sexual dysfunction, according to an investigation led by the U.S. Justice Department.

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 - WINN FM Evening News - 27th Nov., 2014

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 - Commentary by Rodney Baptiste- "Tribute to Kevin 'Broadie' Newman"

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- Inside the News - Saturday 22nd November, 2014

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