Breaking: Astra Zeneca Reaches $520 Million Settlement With Feds

Filed in Delaware, National by on April 27, 2010

The Associated Press reports that Astra Zeneca has agreed to pay a $520 million settlement to the Federal government to resolve allegations of illegally marketing its anti-psychotic drug, Seroquel.

The company was alleged to have “marketed Seroquel for off-label uses — those not approved by federal drug regulators — including insomnia and psychiatric conditions other than schizophrenia and bipolar disorder.”

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