Friday, September 22, 2023
Courthouse News Service
Friday, September 22, 2023 | Back issues
Courthouse News Service Courthouse News Service

Lilly Pays $1.4 Billion|To Settle Zyprexa Cases

(CN) - Eli Lilly & Co. has agreed to pay $1.4 billion and plead guilty to a federal misdemeanor of promoting its antipsychotic drug Zyprexa to treat dementia though it was not approved for that.

The Justice Department said Lilly's $515 million fine was the largest criminal fine in history. Another $800 million will go to settle civil charges - $432 million to the federal government and $362 million to states.

The agreement will settle lawsuits from the U.S. Justice Department and the U.S. Attorney in Philadelphia.

Zyprexa has brought Lilly more than $37 billion since it was approved in 1996.

It is legal for doctors to prescribe drugs for off-label uses, but it is not legal for drug companies to promote drugs for off-label uses.

Categories / Uncategorized

Read the Top 8

Sign up for the Top 8, a roundup of the day's top stories delivered directly to your inbox Monday through Friday.

Loading...