Nevada Receives Portion of $90 Million Settlement
(Las Vegas, NV) — Nevada Attorney General Catherine Cortez Masto announced Thursday that she and 37 other Attorneys General reached a $90 million consent judgment with GlaxoSmithKline LLC to resolve allegations that GlaxoSmithKline unlawfully promoted its diabetes drug, Avandia.
The Attorneys General allege that GlaxoSmithKline engaged in unfair and deceptive practices by misrepresenting Avandia’s cardiovascular risks and safety profile.
The consent judgment also has the following terms that are effective for at least eight years:
• GSK must post summaries of all GSK-sponsored observational studies or meta-analyses conducted by GSK that are designed to inform the effective, safe, and/or appropriate use of its diabetes drugs;
• GSK shall post summaries of GSK-sponsored clinical trials of diabetes products within eight months of the primary completion date;
• GSK shall register and post all GSK-sponsored clinical trials as required by federal law; and
• GSK shall comply with the International Committee of Medical Journal Editors Uniform Requirements for Manuscripts submitted to Biomedical Journals.
Nevada will receive $1,521,178 as its share of the settlement.