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Product Liability, Misbranded Drugs
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Case Details
Eli Lilly and Co. agreed to pay $1.42 billion settlement after pleading guilty to a misdemeanor charge of introducing misbranded drugs (Zyprexa) into interstate commerce, marketing it for unapproved uses.
Additional Notes
Lilly also spent $1.2 billion to resolve 32,000 claims related to Zyprexa product liability.