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:3/28/2017)... ... March 28, 2017 , ... Qualidigm , ... corporate headquarters to a new, more expansive office space in order to accommodate ... purchased a distressed office building in Wethersfield, Conn. located at 936 Silas Deane ...
(Date:3/28/2017)... Petersburg Florida (PRWEB) , ... March 28, 2017 , ... ... Marine Corp to raise money to for the Toys for Tots Literacy Campaign at ... federal budget in excess of $70 billion, the U.S. ranks at number 14 internationally ...
(Date:3/28/2017)... ... March 28, 2017 , ... Public relations pros work hard to ... of business channels. , While many results are clear, much of PR is hard ... , When it comes to measurement, firms should always take an all-inclusive approach that ...
(Date:3/28/2017)... (PRWEB) , ... March 28, 2017 , ... Thank you ... Diego on February 8-10. , This event was exclusive to providers and offered ... , The meeting took place at the Manchester Grand Hyatt where attendees gathered for ...
(Date:3/27/2017)... ... March 27, 2017 , ... ... clear braces. People who want straight teeth without the extensive time commitment and ... Clearwater, FL, without acquiring a referral. A custom-designed series of virtually invisible aligners ...
Breaking Medicine News(10 mins):
(Date:3/27/2017)... 27, 2017 Therapix Biosciences ... company specializing in the development of cannabinoid-based drugs, today ... the United States of ... 40 ordinary shares of the Company, at a ... has granted the underwriters a 45-day over-allotment option ...
(Date:3/27/2017)... , March 27, 2017 LightIntegra Technology ... appointed William "Bill" Dubiel as President and Chief Executive ... elected to the Board of Directors of LightIntegra. ... Executive Chairman of LightIntegra. "This is ... President and Chief Executive Officer. We,ve selected a very ...
(Date:3/27/2017)... 27, 2017  A new survey from ... Medicare,s Competitive Bidding Program (CBP) significantly reduced beneficiary choice ... lack of choice forces beneficiaries to switch to unfamiliar ... consequences. AADE,s survey is the latest ... others pointing out the inherent problems with the CBP. ...
Breaking Medicine Technology: