Tuesday, August 10, 2010

Drug company pays out in diabetes cases

Anglo-Swedish drug company AstraZeneca is to pay out £125m to people who developed diabetes after taking its schizophrenia and bipolar drug Seroquel. Seroquel had worldwide sales of $4.9bn last year, representing 15% of AstraZeneca's total revenue. The payment settles 17,500 claims against the company.

You can find out more about this story by clicking on the link in the title of this post.

2 comments:

simonaderson said...

Hi,

I want to know that this drugs is to a FDA approved.

thanks

John Gale said...

Dear Simon,
Yes, I assume this drug has been approved by the FDA as it already seems very well-established in the market for psychiatric drugs.
Best Wishes,
John Gale,
Mental Health Update