Posts Tagged 'pharmaceutical companies'

More states pursuing legal action against drug companies

The Wall Street Journal reports on increasingly aggressive efforts by attorneys general in several U.S. states to pursue legal actions against drug companies for deceptive marketing.

Using consumer protection laws as a basis, state officials have gone after some major pharmaceutical companies, including GlaxoSmithKline, Sanofi SA, Bristol-Myers Squibb Co and Teva Pharmaceutical Industries Ltd.

The story notes that potential payouts are high. Last year, for example, Johnson & Johnson agreed to ...

continue reading...