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Corporate

Oct. 28, 2010

Pharma Giant Settles With DOJ

A subsidiary of the global pharmaceutical giant GlaxoSmithKline has agreed to plead guilty to charges relating to the manufacture and distribution of adulterated drugs, the Justice Department announced Tuesday.

By Robert Iafolla

Daily Journal Staff Writer

A subsidiary of the global pharmaceutical giant GlaxoSmithKline has agreed to plead guilty to charges relating to the manufacture and distribution of adulterated drugs, the Justice Department announced Tuesday. The deal includes $150 million in criminal fines and forfeitures and a $600 million civil settlement under the False Claims Act and related state claims. A spokeswoman for the U.S. attorney...

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