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Tuesday, April 23, 2024 | 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.

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