Pharma Company AstraZeneca To Pay Texas $110 Million Over Alleged Fraudulent Marketing

AstraZeneca agreed this week to pay the state of Texas $110 million to settle a pair of lawsuits in which the state accused the pharma giant of fraudulent marketing. The suits separately deal with the drugs Seroquel, which is an antipsychotic medication, and Crestor, to lower cholesterol. Texas claimed AstraZeneca marketed Seroquel to Texas Medicaid providers who treated children and adolescents—even though the drugs weren’t approved for use among that population—and made hundreds of thousands of dollars in illegal payments to a couple former state hospital doctors to influence the drug’s use. The state claimed AstraZeneca similarly pushed beyond the… Full Story