Navigation Links
Freedland Russo Announces $520 Million Settlement Against AstraZeneca
Date:4/27/2010

Freedland Russo is pleased that Eric Holder, U.S. Attorney General, announced the $520 million dollar settlement of a lawsuit filed against AstraZeneca (Civil Action #04-3479; US District Court, Eastern District of Pennsylvania).

Weston, Fla. (PRWEB) April 27, 2010 -- Freedland Russo is pleased that Eric Holder, U.S. Attorney General, announced the $520 million dollar settlement of a lawsuit filed against AstraZeneca (Civil Action #04-3479; US District Court, Eastern District of Pennsylvania). The settlement announced today in Philadelphia indicates marketing practices for Seroquel included promotion of the drug by physicians participating in clinical studies and drug sales representatives encouraging doctors to prescribe for unapproved uses.

Only fifteen months since Eli Lilly agreed to pay $1.4 Billion to resolve claims relating to Zyprexa, the law firm of Freedland Russo has again proven to be tireless advocates in matters relating to the Pharmaceutical Industry (Civil Action #03943). The AstraZeneca complaint was filed in 2004 on behalf of a whistleblower by Freedland Russo and their co-counsel, Philadelphia attorney Stephen A. Sheller, Esq.

Seroquel is among the top-selling drugs in the world with 2009 sales of $4.9 billion; 15% of AstraZeneca’s $33.2 billion in revenue is for schizophrenia and specific types of bipolar mania. AstraZeneca was charged with promoting Seroquel to physicians for use “off-label” in children and the elderly. Doctors are allowed to prescribe drugs for unapproved uses but FDA rules state that drug manufacturers may only promote their products for approved conditions and age groups.

“This is just another step in getting the attention of the entire pharmaceutical industry,” Partner Michael Freedland said. Attorney Daniel Harwin agrees that more action should be taken against pharmaceutical companies for illegally marketing their products. “This is a industry-wide problem and not limited to a few isolated companies. We have to keep pressing onward because the health, safety and well being of the public hangs in the balance,” Harwin said.

Whistleblowers are protected by the federal False Claims Act, where employees aware of their company knowingly defrauding the government may sue without threat of being fired, harassed, demoted, or discriminated against for cooperating in an investigation of their employer.

“Once again, a single brave person came to the forefront and held a big pharmaceutical company accountable,” said Freedland. “With each case that we pursue, we learn more about the internal workings of these companies and just how far they are willing to push the limits.”

Partner Anthony Russo added, “We are also thrilled that the majority of this settlement will go back to whom it belongs, the taxpayers and the states.” In that regard, the firm lauded the team in the U.S. Attorney’s office for their investigation, including Chief of the Civil Division Virginia Gibson and Assistant U.S. Attorney Colin Cherico. “As they did with Eli Lilly, the U.S. Attorney’s office in Philadelphia proved their commitment to recouping hundreds of millions for the government and its citizen taxpayers,” said Russo.

About Freedland Russo:
Freedland Russo is a law firm committed to assisting and fighting for consumers in the United States who have suffered social injustices at the hands of individuals, large corporations, and insurance companies. The firm lawyers are renowned for handling complex cases involving matters of medical malpractice, pharmaceutical liability, automobile liability, wrongful death, and whistleblower cases. Freedland Russo is based in Weston, Florida. For more information log on to www.westonlawyers.com or call 888.254.7066

Bob Sands
Sands Communications, Inc.
Direct: (954) 260-3826

###

Read the full story at http://www.prweb.com/releases/Freedland_Russo/AstraZeneca_settlement/prweb3934034.htm.


'/>"/>
Source: PRWeb
Copyright©2010 Vocus, Inc.
All rights reserved

Related medicine news :

1. National Allergy Supply, The Allergy Products Company Recommended By More Than 9,500 Doctors Nationwide, Announces 100% Unconditional Satisfaction Guarantee
2. CureTogether Announces Online Autism Treatment Study
3. MetaGeek Announces Chanalyzer Pro Spectrum Analysis Software for Wi- Spy, Adds Device Classification, Device Finder and Automated Reports
4. Instaflex Announces Partnership with GNC, the Nation's Leading Vitamin and Supplement Retailer
5. Sundial Creations Announces the Debut of SheaMoisture Organic Hair Care Exclusively at Target
6. CA Commercial Realty Partners Announces “Free Lease Review for local Businesses"
7. International Desalination Association Announces Members of Environmental Task Force and Dates for Environmental Symposium
8. The American Society for Aesthetic Plastic Surgery (ASAPS) Announces the 2010 Journalistic Achievement Award Winners
9. 1Dental.com Announces Affordable Dental Plan Sponsorship Video by Sweet Tea Films' Tavin Dillard
10. Reflex Stock Limited Announces Two New Ways to Buy Stock Images and Stock Photos
11. Microwize Technology Announces Partnership with ScanMyCharts
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:4/29/2016)... ... April 29, 2016 , ... Shamangelic Healing, Sedona ... Onnit brand Alpha BRAIN and New Mood Daily-Stress Formula for brain optimization and ... products to the store is just one more way Shamangelic Healing supports people’s ...
(Date:4/29/2016)... ... April 29, 2016 , ... Dr. ... of best seller "LOVE, MEDICINE and MIRACLES") addresses touchy topics related to Death ... podcasted thereafter . Dr. Bernie Siegel, author of a plethora of essential ...
(Date:4/29/2016)... , ... April 29, 2016 , ... ... reveals that infants born with severe congenital diaphragmatic hernia have better survival rates ... with congenital diaphragmatic hernia (CDH)—a condition where the diaphragm fails to form completely, ...
(Date:4/29/2016)... ... April 29, 2016 , ... World Patent Marketing ... an exercise invention which aids in proper muscle development. , "The Gym & ... Creative Director of World Patent Marketing. "Globalization has threatened the future growth of ...
(Date:4/29/2016)... New York, NY (PRWEB) , ... April 29, 2016 , ... New York City based ... surgery . This surgery is a very effective way to treat obstructive sleep apnea. Dr. ... , Orthognathic surgery is a procedure that involves one or both jaw bones. This ...
Breaking Medicine News(10 mins):
(Date:4/28/2016)... 2016 Oramed Pharmaceuticals Inc. (NASDAQ: ... focused on the development of oral drug delivery systems, announced ... 2016 conference, presented by Joseph Gunnar & Co. ... New York . Nadav Kidron , CEO of ... Presentation Details:   PIONEERS 2016, presented ...
(Date:4/28/2016)... , April 28, 2016  ValGenesis, ... Lifecycle Management Solutions (VLMS) today announced that ... services for sufferers of chronic kidney failure ... to manage their corporate validation process. The ... a software solution to manage their validation ...
(Date:4/28/2016)... 28, 2016 New market ... is a report that provides an overview of ... pipelines by identifying new targets and MOAs to ... Profiles discussed in this H1 2016 Osteoarthritis Pipeline ... AbbVie Inc., Abiogen Pharma S.p.A., Ablynx NV, Achelios ...
Breaking Medicine Technology: