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Ala. to get $6 million in drug settlementMONTGOMERY, Ala. (AP) — Alabama stands to receive nearly $6 million in a national settlement with pharmaceutical giant GlaxoSmithKline, which has agreed to pay $3 billion overall to settle federal and state complaints related to marketing and pricing of its drugs. Alabama Attorney General Luther Strange announced Monday that the state would get $5,909,500 in recoveries from the company. GlaxoSmithKline has agreed to pay $2 billion in damages and civil penalties and a $1 billion criminal fine, settling charges it marketed certain drugs for uses not approved by the U.S. Food and Drug Administration. Charges include marketing the depression drug Paxil for off-label use by children. The company says it has changed compliance procedures and is pleading guilty to misdemeanor federal charges, while admitting no wrongdoing in the broader civil settlement. |
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