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Attorney General Madigan Reaches $68.5 Million Settlement with AstraZeneca Pharmaceuticals

Chicago–(ENEWSPF)–March 10, 2011.  Attorney General Lisa Madigan today announced a $68.5 million settlement with AstraZeneca Pharmaceuticals LP over alleged deceptive and unfair marketing practices of its antipsychotic drug, Seroquel. Leading the multi-state investigation, Madigan alleged AstraZeneca illegally marketed Seroquel for unapproved uses and failed to fully disclose the drug’s potential side effects to health care providers.

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Madigan said today’s agreement, which 37 other states joined, marks the largest consumer protection-based pharmaceutical settlement ever reached. Attorney…

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