Glaxo Handing Over Record $3B To Settle FCA Claims

By Jeff Overley (July 2, 2012, 2:03 PM EDT) -- GlaxoSmithKline PLC will plead guilty and pay a record-setting $3 billion penalty to resolve whistleblower charges that it promoted drugs for unapproved uses, omitted safety data about its medicines and violated the False Claims Act by doling out kickbacks, prosecutors said Monday....

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