Glaxo faces £200m bill from latest lawsuits over Seroxat
Tuesday 07 September 2004
Glaxosmithkline, the biggest drugmaker in the UK, is under legal assault in the US from parents of adolescents given its antidepressants, and is facing at least half a dozen lawsuits claiming the company withheld information that showed the products could make under-18s suicidal.
And in the latest, an aggressive law firm is aiming to recruit parents to a class action suit seeking damages of an estimated £200m.
GSK denies any wrongdoing, and the news will come as a blow to its investors. They had hoped the company would be able to draw a line under the controversy after last month settling a similar lawsuit with the New York state attorney-general, Eliot Spitzer.
The class action launched by the Minnesota-based solicitors Meshbesher & Spence, plus about half a dozen individual lawsuits, take Mr Spitzer's allegations and damages claims as their starting point. They claim GSK engaged in fraud by concealing the negative results of five trials of Paxil on children and misrepresenting the data it did reveal. Only one of the studies suggested the drug might be effective against depression, while others suggested it might increase suicidal thoughts.
Paxil, sold in the UK as Seroxat, has attracted controversy over its side effects. It was banned in the UK for under-18s last year and a regulatory panel is deciding next week whether the US should follow suit.
- 1 Strictly Come Dancing 2014: Gregg Wallace joins line-up as final celebrities revealed
- 2 Notting Hill Carnival: Woman shares selfie after being ‘punched in face for telling man to stop groping her’
- 3 Keira Knightley topless: Usually conservative actress does own take on #Freethenipple campaign for Interview Magazine
- 4 Oil tanker with $100 million cargo goes missing off Texas coast
- 5 George Galloway left with severe bruising after attack in Notting Hill by man 'shouting about the Holocaust'
YouTube video posted by Isis militants shows 'execution of 250 Syrian soldiers'
Keira Knightley topless: Usually conservative actress does own take on #Freethenipple campaign for Interview Magazine
Oil tanker with $100 million cargo goes missing off Texas coast
George Galloway left with severe bruising after attack in Notting Hill by man 'shouting about the Holocaust'
Brother and sister, Christopher Buckner and Timothy Savoy, arrested for 'committing incest after watching 'The Notebook''
Robin Williams Emmys tribute led by Billy Crystal criticised for including 'racist' joke about Muslim woman
The Rotherham child abuse scandal is a tale of apologists, misogyny and double standards
Scottish independence TV debate: Pumped-up Alex Salmond bounces back in bruising second round against Alistair Darling
What do immigrants really think of Britain? Polish immigrant's Reddit post goes viral
Do you realise just how foolish the UK looks?
Ukip Douglas Carswell defection: Tory MP jumps ship to join Nigel Farage
- < Previous
- Next >
iJobs Money & Business
£35000 per annum: Harrington Starr: Network Engineer (CCNP, CCNA, Linux, OSPF,...
£50000 per annum: Harrington Starr: DevOps Engineer (Systems Administration, L...
£60000 - £70000 per annum: Harrington Starr: A prestigious leading professiona...
£50000 per annum: Harrington Starr: Financial Technical Consultant (C++, C#, F...