Rhode Island to receive $908,838 from AstraZeneca settlement

Rhode Island to receive $908,838 from AstraZeneca settlement

Rhode Island is expected to receive $908,838 from a $68.5 million settlement with AstraZeneca Pharmaceuticals LP from alleged improper marketing of Seroquel, an antipsychotic drug.

Ohio to receive $2.7 million in settlement over Seroquel marketing

Ohio to receive $2.7 million in settlement over Seroquel marketing

Ohio will receive $2.6 million of a $68.5 million settlement with AstraZeneca Pharmaceuticals over marketing of antipsychotic drug Seroquel.

AstraZeneca Settles Seroquel Marketing Suit for $68.5M

AstraZeneca (NYSE:AZN) will pay $68.5 million to 37 states and the District of Columbia in a settlement over the British drugmaker's deceptive marketing of its anti-psychotic drug Seroquel. The settlement is the largest multi-state, consumer protection pharmaceutical settlement of record, reports Reuters. Regulators accused the company of unfair and misleading marketing of the drug for unapproved uses. While physicians can prescribe medication for other uses, companies are not allowed to market drugs beyond approved uses. The company promoted Seroquel, which was only approved for schizophrenia and bipolar disorder, for dementia, depression and anxiety as well. The accusation also states AstraZeneca failed to fully disclose of potential side effects and the negative results of a scientific study about the drug's safety and effectiveness. Seroquel had worldwide 2010 sales of $5.3 billion. Paula Dow, attorney general of New Jersey, said, "This case sends a message that we take seriously the duty pharmaceutical companies have to supply clear, accurate and complete information about their products to health care providers, and to market their products without deception or misleading claims." Tony Jewell, a company spokesman, said of the settlement, "While we deny the allegations, AstraZeneca believes it is important to bring these matters to a close and move forward with our business of providing medicines to patients."

State to get $1 million in drug settlement

Johnson and Johnson subsidiary agrees to pay federal, state governments in drug marketing case

State to get $1 million in drug settlement

That money should go to the kids not the states.

AstraZeneca Agrees To Fines: Ct To Get $3.15 Million

AstraZeneca Agrees To Fines: Ct To Get $3.15 Million

Attorney General Richard Blumenthal and Department of Social Services (DSS) Commissioner Michael P. Starkowski announced that Connecticut will receive $3.15 million under an agreement in principle with AstraZeneca Pharmaceuticals LP for alleged off-label marketing of Seroquel, and antipsychotic drug, for uses unapproved by the U.S. Food and Drug Administration (FDA).

Drug Giant AstraZeneca to Pay $520 Million to Settle Fraud Case

Drug Giant AstraZeneca to Pay $520 Million to Settle Fraud Case

Pharmaceutical giant AstraZeneca will pay $520 million in fines to settle charges by the federal government that it illegally marketed the anti-psychotic drug Seroquel to children and elderly patients for uses not approved by the Food and Drug Administration.

Big Pharma paid $500,000 to Chicago psychiatrists who used children as guinea pigs

A federal lawsuit has been filed against pharmaceutical giant AstraZeneca for its role in paying Chicago psychiatrist Dr. Michael Reinstein nearly $500,000 over the course of a decade to conduct research and to promote its anti-psychotic drug, Seroquel. Reinstein is being accused of wrongfully preying on thousands of mentally-ill patients in order to rake in profits for AstraZeneca.

More >> Big Pharma paid $500,000 to Chicago psychiatrists who used children as guinea pigs

ADHD Medication Can Cause Addiction and Death

This article is for the hundreds of thousands of parents whose children are currently taking prescription medications for Attention Deficit Disorder (ADD) or Attention Deficit Hyperactivity Disorder (ADHD) and for those who have kids now struggling with addiction to amphetamines or stimulants.

More >> ADHD Medication Can Cause Addiction and Death

Big Pharma Bribes Doctors to Hook Your Kids on Drugs

Americans must start to question the legitimacy of the exploitative pharmaceutical-industrial complex and the predatory people atop them.

More >> Big Pharma Bribes Doctors to Hook Your Kids on Drugs

Older schizophrenia drug safer than more widely prescribed ones, study says

Schizophrenics taking the first -- and cheapest -- of a new generation of antipsychotic medications, clozapine, were less likely to suffer premature death than patients taking the newer, costlier and more widely prescribed antipsychotic drugs Seroquel, Risperdal and Zyprexa, says a study published in the British medical journal Lancet.

More >> Older schizophrenia drug safer than more widely prescribed ones, study says

Psychiatric drug sought on streets

Seroquel debuted 12 years ago as a novel drug for adult patients with schizophrenia and bipolar disorder, a powerful pill that would help stabilize their emotional lives. Psychiatrists began prescribing these tablets to others - children with serious mental illnesses and adults with anxiety or depression.

More >> Psychiatric drug sought on streets