<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=192888919167017&amp;ev=PageView&amp;noscript=1">
Friday,  April 26 , 2024

Linkedin Pinterest
News / Northwest

Ore. to get share of Abbott Labs settlements

The Columbian
Published: May 6, 2012, 5:00pm

PORTLAND, Ore. (AP) — Oregon will get a multimillion dollar slice of Abbott Laboratories settlements of allegations that it promoted the anti-seizure drug Depakote for uses not approved by the Food and Drug Administration.

The Oregonian reports (http://is.gd/8mlZMA) that the settlements announced Monday will mean more than $6 million for Oregon taxpayers.

Abbott has pleaded guilty and agreed to pay $1.5 billion. The case includes a criminal fine and forfeiture of $700 million and civil settlements with the federal government and states totaling $800 million.

Separately, Virginia Attorney General Ken Cuccinelli announced a $100 million settlement with Abbott of consumer claims in 45 states and the District of Columbia.

Depakote is an anti-seizure and mood-stabilizing drug prescribed for bipolar disorder.

The company admitted that it marketed the drug for unapproved uses, including treatment of schizophrenia, agitated dementia and autism.

Loading...