LanceU's blog

AstraZeneca Seroquel Settlement Reached

Submitted by LanceU on 17 June, 2010 - 08:32.

A settlement has reached with the Department of Justice over AstraZeneca Seroquel investigation and British pharmaceutical business. Seroquel, an anti psychotic medication, has been under fire for being marketed for unapproved purposes. The drug maker has agreed to pay the Department of Justice $ 520 million in restitution. The drug itself, which sold about $ 4.9 billion last year, probably won’t need guaranteed loans to cover the expenses.