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AstraZeneca Sets Aside $430 Million for Lawsuits

The Wall Street Journal reports, “AstraZeneca said it has set aside provisions of $430 million in relation to various federal and state investigations and civil lawsuits, relating to the company’s marketing and pricing practices. It said the sum represents a ‘reasonable estimate of the losses expected’ from these investigations and lawsuits.” The company “has disclosed that the various investigations and lawsuits it is facing involve a number of its drugs, including the heartburn drug Nexium and the schizophrenia drugs Seroquel.”

From the American Association for Justice news release.

Bob Kraft

I am a Dallas, Texas lawyer who has had the privilege of helping thousands of clients since 1971 in the areas of Personal Injury law and Social Security Disability.

About This Blog

The title of this blog reflects my attitude toward those government agencies and insurance companies that routinely mistreat injured or disabled people. As a Dallas, Texas lawyer, I've spent more than 45 years trying to help those poor folk, and I have been frustrated daily by the actions of the people on the other side of their claims. (Sorry if I offended you...)

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