Nevada to get part of $90M drug settlement - FOX5 Vegas - KVVU

Nevada to get part of $90M drug settlement

Posted: Updated:
LAS VEGAS (FOX5) -

Nevada will receive a portion of a multi-state cash settlement involving drug maker GlaxoSmithKline.

In an announcement by the office of Attorney General Catherine Cortez Masto, the Silver State was one of 38 states that reached a settlement in a case involving diabetes drug Avandia.

Each state accused the drug maker in unfair and deceptive practices by misrepresenting the drug's cardiovascular risks and safety profile, according to Masto's office.

Nevada will receive about $1.5 million of the $90 million settlement.

GlaxoSmithKlein has agreed to reform how it markets and promotes diabetes drugs as part of the settlement, Masto's office said.

"These enforcement provisions are important to protect Nevadans and others across the country," said Masto. "I am pleased to join this multistate agreement to ensure that Nevadans are not misled by this company's deceptive marketing practices."

Stay tuned to FOX5 for the latest on this developing story.

Copyright 2012 KVVU (KVVU Broadcasting Corporation). All rights reserved.

Powered by WorldNow
Fox 5
Powered by WorldNow CNN
All content © 2014, KVVU Broadcasting Corporation, Las Vegas, NV and WorldNow. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service..