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Eli Lilly Settles Zyprexa Investigations for $62 Million


This is a settlement for the Drugs/Medical Devices lawsuit.

Eli Lilly has settled Zyprexa lawsuits with 32 states and Washington DC, for a reported $62 million, putting an end to investigations into the company's marketing practices of the antipsychotic medication.

According to the attorney general for Indiana, Lilly allegedly marketed the drug for pediatric use, and for use in dementia patients at high doses. While the FDA allows physicians to prescribe drugs off-label, pharmaceutical companies are not allowed to market their drugs for unapproved uses.

The settlement will be divided among the states and Washington DC based on population.

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Published on Oct-7-08


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