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GlaxoSmithKline settlement - Colorado Attorney General

GlaxoSmithKline settlement - Colorado Attorney General 2025

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The document is a Final Consent Judgment from the District Court of Denver, Colorado, involving the State of Colorado as the plaintiff against GlaxoSmithKline LLC and SB Pharmco Puerto Rico, Inc. The judgment addresses alleged violations of the Colorado Consumer Protection Act by the defendants. It outlines definitions, compliance provisions, and a settlement agreement where the defendants agree to pay $40.75 million to be distributed among various states' Attorneys General. The consent judgment does not constitute an admission of wrongdoing by the defendants and establishes terms for future compliance and enforcement.

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What is the penalty for GSK?

On July 2, UK-based GlaxoSmithKine (GSK) agreed to plead guilty to criminal charges of fraudulent promotion of its drugs and pay the US Government a settlement of US$3 billion.

Who sued GlaxoSmithKline?

PHOENIX -- Arizona Attorney General Kris Mayes today sued pharmaceutical manufacturer GlaxoSmithKline (GSK) for engaging in deceptive and unfair practices that endangered vulnerable asthma patients, especially children, while exploiting taxpayers.

What is the Paxil scandal with GlaxoSmithKline?

Paxil: In the criminal information, the government alleges that, from April 1998 to August 2003, GSK unlawfully promoted Paxil for treating depression in patients under age 18, even though the FDA has never approved it for pediatric use.

What is the GSK cancer lawsuit?

GSK settles most US lawsuits over Zantac for $2.2bn. The UK based drug firm GSK has agreed to pay up to $2.2bn (1.7bn; 2bn) to settle claims that the heartburn drug ranitidine (previously marketed in the US as Zantac) caused cancer.

What is the penalty for federal drug crime?

Penalties depend on various factors, including the type and amount of the drug involved, and whether there is intent to distribute. Penalties under federal law range from less than one year to life imprisonment and/or $1,000 to $4 million fines for first offenses.

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What is the fine for GSK in China?

Court ruling Other three Chinese GSK employees were sentenced to 2 to 4 years. The company was sentenced to a record 3 billion yuan fine. The fine was the largest corporate fine in China, but GSK did not defend its actions.

What is the fine for GSK?

The CMA has imposed fines totalling 44.99 million on the companies directly involved in the infringements (and, where relevant, on their parent companies or successors to these companies): GSKs total fine is 37,606,275.

What drug company fined $3 billion?

The settlement amount includes both the civil (False Claims Act) settlement and criminal fine. Glaxos $3 billion settlement included the largest civil False Claims Act settlement on record, and Pfizers $2.3 billion ($3.5 billion in 2022) settlement including a record-breaking $1.3 billion criminal fine.

GlaxoSmithKline settlement - Colorado Attorney General 2025

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