News Tagged ‘settlements

GSK socks away billions to cover legal costs with Paxil, Avandia

GSK Logo 150x150 GSK socks away billions to cover legal costs with Paxil, AvandiaGlaxoSmithKline (GSK) is setting aside another $3.5 billion to cover expenses linked to investigations over its antidepressant Paxil, and other medications. This brings the company’s reserve up to $6.4 billion for legal costs associated with its drugs.

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