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Saturday, January 17, 2009

Elly Lilly Pays $1.42B Damages

bt Robert L. Gisel

Elly Lilly has been penalized damages of $1,420,000,000.

Eli Lilly has agreed to pay out the largest settlement in the Department of Justice history -- $1.4 billion dollars -- to settle criminal and civil investigations into the marketing of its antipsychotic drug Zyprexa and has agreed to plead guilty to a federal misdemeanor.

It's only fitting this would be the case, considering how damaging these drugs are. One wonders how many others of the 76 psychotropoic psychiatric drugs now on the market are also manufacturered by Elly Lilly.

Watch this piece from FOX National News correspondent Douglas Kennedy.

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