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GlaxoSmithKline, the maker of the popular depression drugs Paxil and Wellbutrin, agreed to plead guilty to federal charges and pay $3 billion in the largest healthcare-fraud settlement in U.S. history.
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GlaxoSmithKline settles drug-marketing case for $3 billion
In a record setting fine, $3B, Glaxo has agreed to pay over allegations of over promoting drugs for use not approved by the FDA. This sweeping settlement includes claims over Avandia, Paxil & Wellbutrin. It also involves allegations of youth marketing and targeting of under age children for uses not approved by the FDA.
