Louisiana Attorney General Sues Glaxosmithkline
Louisiana Attorney General Buddy Caldwell is suing British drug maker GlaxoSmithKline, claiming the company hid harmful side effects of the diabetes drug Avandia.
The lawsuit, filed in civil district court this week, accuses Glaxo of illegally marketing, pricing and promoting Avandia and violating Louisiana’s consumer protection and unfair trade practices laws.
Caldwell claims Louisiana’s Medicaid program paid more than $36 million in Avandia reimbursements that were based on fraudulent behavior. The lawsuit seeks financial penalties and repayment from Glaxo.
A spokeswoman for the company, Bernadette King, said she was not familiar with the lawsuit and couldn’t immediately comment. But she defended the medication.
“GlaxoSmithKline stands behind the safety and efficacy of Avandia when used appropriately and according to its label,” King said in a statement.
The Food and Drug Administration has issued restrictions on use of Avandia because of its links to heart attack. The medication is under investigation by federal law enforcement officials and several state attorneys general.
Regulators in Europe pulled the drug off the market altogether.
Avandia was once one of Glaxo’s top-selling products, but its popularity shrank since 2007 when its heart risks were first publicized.
- FBI Investigating Hackers’ Claims of Stealing Employee Data
- Golden Gate Sued Over Insurer’s $2.2 Billion Capital Shortfall
- California’s El Niño Emergency Begins Now as Beaches Erode
- State Farm Says It’s Adding 3,000 More Jobs in Claims Next Year
- Credit Acceptance Reaches $710M Predatory Auto Lending Settlement With Most States
- Apollo’s Rowan Blasts Regulators for Handling of Walter Insurers
- Florida Bans Flock Cameras, License Plate Readers From State Roads
- The Great Hemp Reset: How the Federal Ban on Intoxicating Hemp Products Will Reshape Risk and Coverage