Vt. To Get $1.1 Million Drug Settlement

11/16/12 6:06AM

Vermont's attorney general says the state will receive $1.1 million as part of a national settlement with pharmaceutical manufacturer GlaxoSmithKline.

The settlement comes as a result of allegations that the company deceptively marketed a diabetes drug.

The complaint accuses GlaxoSmithKline of engaging in unfair and deceptive practices by misrepresenting Avandia's cardiovascular risks and safety profile.

Vermont Attorney General Bill Sorrell says that GlaxoSmithKline has reached a $90 million settlement with 37 other attorneys general and has agreed to change how it markets and promotes diabetes drugs.

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