Colo. To Receive $2.6 Million in Zyprexa Case

By: Associated Press Email
By: Associated Press Email

Denver (AP) The Colorado Attorney General’s office says the state will receive more than $2.6 million as part of a settlement with Eli Lilly & Co. Over allegations that the company illegally marketed the antipsychotic drug Zyprexa for off-label use.

The agreement represents Colorado’s share of a global settlement announced Thursday, in which the company will resolve four federal whistleblower lawsuits, as well as claims by numerous states and the Federal Government.

The settlement, totaling $1.42 billion, resolves allegations that Lilly promoted Zyprexa for uses not approved by the U.S. Food and Drug Administration.

Attorney general John Suthers called the agreement a “significant recovery for Colorado’s Medicaid program.” He says the case should send a message that Colorado won’t tolerate drug companies that fail to comply with the rules.

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