Nevada gets $1.5M in diabetes drug settlement

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Updated: 11/15/2012 12:56 pm

LAS VEGAS (AP) — Nevada is getting $1.5 million to settle claims that a pharmaceutical company deceptively promoted the diabetes drug Avandia.

Nevada will receive $1,521,178 as its share of the settlement that will go to the Attorney General's office to beef up investigative and prosecutorial resources to continue to protect and serve Nevadans.

Nevada Attorney General Catherine Cortez Masto says Thursday that Nevada's portion is part of a $90 million settlement between GlaxoSmithKline and attorneys general from 38 different states.

The attorneys general claim the company misrepresented Avandia's cardiovascular risks and safety profile. The agreement requires the company to reform its marketing practices, and to publicize information about any company-sponsored clinical trials on its diabetes drugs.

GlaxoSmithKline didn't immediately return messages seeking comment Thursday.

 

©2012 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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