SmithKline settles US dispute
Tuesday 25 February 1997
The payment will end civil and administrative claims against SmithKline for disputed claims from 1989 to 1996, and follows last week's announcement that the company had reached a tentative settlement over the charges. Jan Leschly, SmithKline's chief executive, said yesterday: "SmithKline Beecham Clinical Laboratories never intentionally violated any laws."
He attributed the disputes partly to "ambiguities over regulations and guidelines," and said the company had decided to make a settlement to avoid "enormous potential costs and uncertainties connected with lengthy litigation".
SmithKline set aside $406m in 1995 to cover legal costs associated with the charges through the US Department of Health and Human Services, as well as another lawsuit brought by independent pharmacies over alleged discriminatory pricing practices.
Almost a year ago the company offered to pay $30m to settle the dispute and also $20m worth of generic Tagamet, the anti-ulcer drug. A spokesman said the pharmacies may still appeal that decision.
- 1 Nigel Farage: Me vs Russell Brand on Question Time – he's got the chest hair but where are his ideas?
- 2 Harry Potter fans can apply to the Hogwarts-inspired College of Wizardry
- 3 Jessica Chambers: 19-year-old woman 'doused with lighter fluid and burned alive' in the US
- 4 Russell Brand calls Nigel Farage 'poundshop Enoch Powell' in BBC Question Time debate
- 5 Orange Wednesdays are no more
Weather bomb in pictures: Storms cuts power for tens of thousands – and snow is on the way
Jessica Chambers: 19-year-old woman 'doused with lighter fluid and burned alive' in the US
Russell Brand calls Nigel Farage 'poundshop Enoch Powell' in BBC Question Time debate
Russell Brand was rendered speechless on Question Time by this man
Fury at Airbus after it hints the super-jumbo may be mothballed
Disgruntled RBS worker writes hilarious open letter to Russell Brand after anti-capitalist publicity stunt leaves him hungry
Nigel Farage defends Kerry Smith 'ch***y' comment: 'If you are going for a Chinese, what do you say you’re going for?'
Nigel Farage's approval rating hits 'record low' as popularity suffers in wake of Ukip sex scandal
Rozanne Duncan: Ukip expels councillor for 'jaw-dropping' comments made in BBC TV interview
Pakistan school attack live: Taliban kill at least 132 children in 'horrifying' massacre
Sony hack: Angelina Jolie branded 'seriously out of her mind' in further embarrassing leaked email saga
iJobs Money & Business
£43500 per annum + pension + holidays: The Jenrick Group: Night Shift Operatio...
£20000 - £25000 per annum + OTE £40,000 + Car + Pension: SThree: SThree are a ...
£20000 - £25000 per annum + OTE £35K: SThree: We consistently strive to be the...
£20000 - £25000 per annum + OTE £35000: SThree: SThree are a global FTSE 250 b...