Paroxetine/Paxil/Seroxat – Illinois judge approves $64m dollar settlement
Posted by shutah on May 25, 2007
A judge in Madison County, Illinois, has given final approval to a $64m class-action deal involving the antidepressant Paxil.
The deal settles claims that the maker of the drug misled consumers about its safety. Under the deal, parents with proof they bought the GlaxoSmithKline drug for their children can recoup out-of-pocket expenses.
Parents who don’t have pharmacy records or receipts can get up to 100 dollars refunded by signing a claim form that carries penalties for lying.
GlaxoSmithKline denies it promoted the drug to children while withholding information about its side effects.
The company and the Food and Drug Administration last year warned that clinical trial data revealed a higher frequency of suicidal behavior in young adults treated with Paxil.
The F-D-A reported eleven suicide attempts among patients given Paxil in the trials. None resulted in death.