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Archive for Thursday, August 4, 2011

Kansas will get $700,000 in settlement with pharmaceutical companies

August 4, 2011

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— Attorney General Derek Schmidt says the state of Kansas will receive just over $700,000 from a multi-state settlement of a lawsuit against two pharmaceutical companies.

Schmidt said in a news release Thursday that Kansas will get $701,858 as part of the $40.75 million settlement with GlaxoSmithKline and SB Pharmco Puerto Rico.

The states alleged in the lawsuit that the two companies produced tainted drugs by using substandard manufacturing processes. The drugs include Paxil CR, Kyrtil, Bactroban and Avandamet,

Schmidt says the plant where the tainted drugs were produced has been closed.

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