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US jury slaps $9 bn fine on drugmakers
Updated On: 09 April, 2014 02:00 PM IST | | IANS
A US federal court jury imposed fines and compensations for a value of some $9 billion on drug manufacturers -- Takeda Pharmaceutical Co. and Eli Lilly & Co. -- for their cover-up of the cancer risks found in their diabetes medication Actos.
Washington: A US federal court jury imposed fines and compensations for a value of some $9 billion on drug manufacturers -- Takeda Pharmaceutical Co. and Eli Lilly & Co. -- for their cover-up of the cancer risks found in their diabetes medication Actos.
The jury in Lafayette, Louisiana, ordred Japan's Takeda to pay $6 billion, while its partner Lilly, based in Indianpolis, Indianapolis, Indiana, was handed a penalty of $3 billion.
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