BioSpace.com

Biotech and Pharmaceutical
News & Jobs
Search the Site
 
   
Biotechnology and Pharmaceutical Channel Medical Device and Diagnostics Channel Clinical Research Channel BioSpace Collaborative    Job Seekers:  Register | Login          Employers:  Register | Login  

NEWSLETTERS
Free Newsletters
Archive
My Subscriptions

NEWS
News by Subject
News by Disease
News by Date
PLoS
Search News
Post Your News
JoVE

CAREER NETWORK
Job Seeker Login
Most Recent Jobs
Browse Biotech Jobs
Search Jobs
Post Resume
Career Fairs
Career Resources
For Employers

HOTBEDS
Regional News
US & Canada
  Biotech Bay
  Biotech Beach
  Genetown
  Pharm Country
  BioCapital
  BioMidwest
  Bio NC
  BioForest
  Southern Pharm
  BioCanada East
  US Device
Europe
Asia

DIVERSITY

INVESTOR
Market Summary
News
IPOs

PROFILES
Company Profiles

START UPS
Companies
Events

INTELLIGENCE
Research Store

INDUSTRY EVENTS
Biotech Events
Post an Event
RESOURCES
Real Estate
Business Opportunities

 News | News By Subject | News by Disease News By Date | Search News
eNewsletter Signup
Miles
Km80.5

   

Johnson & Johnson (JNJ) to Pay $1 Billion to Settle Risperdal Marketing Probe


1/6/2012 8:07:41 AM

Johnson & Johnson will pay more than $1 billion in civil and criminal penalties to the federal government and individual states to settle an investigation into the marketing practices of its anti-psychotic drug Risperdal, Bloomberg News Service reported Thursday. The figure would be in line with what Eli Lilly & Co. paid three years ago to settle claims that it marketed a similar anti-psychotic drug, Zyprexa, for illnesses that weren’t approved by the U.S. Food and Drug Administration. “These pharmaceutical companies are going to be running, not walking, to the settlement table,” Patrick Burns, spokesman for Taxpayers Against Fraud, a Washington, D.C., consumer group, told New Jersey Press Media. “The numbers are going up very rapidly.”

Read at Courier Post Online
Read at BusinessWeek
Read at News Release
Read at App.com
Read at Boston Globe

   

ADD TO DEL.ICIO.US    ADD TO DIGG    ADD TO FURL    ADD TO STUMBLEUPON    ADD TO TECHNORATI FAVORITES