WASHINGTON-GlaxoSmithKline LLC will pay US$3 billion and plead guilty to promoting two popular drugs for unapproved uses and to failing to disclose important safety information on a third in the largest health care fraud settlement in US history, the Justice Department said Monday. The US$3 billion fine also will be the largest penalty ever paid by a drug company, Deputy Attorney General James M Cole said. The corporation also agreed to be monitored by government officials for five years to attempt to ensure the company's compliance, Cole said. "Let me be clear, we will not tolerate health care fraud," Cole told a news conference at the Justice Department. He would not say whether any company executives were under investigation. The company's guilty plea and sentence have to be approved by a federal court in Massachusetts. "For far too long, we have heard that the pharmaceutical industry views these settlements merely as the cost of doing business. That is why this administration is committed to using every available tool to defeat health care fraud," Acting Assistant Attorney General Stuart F Delery, head of Justice's civil division, said at the news conference. (AP)
