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Amgen Settlement With Government Over Marketing Of Drug Finalized

Posted on Wednesday, December 19, 2012 4:59pm

A New York judge today accepted a guilty plea by a biotech giant based in Ventura County over charges it illegally introduced a misbranded drug into interstate commerce, and will pay a total of $150 million dollars in penalties and fines.

The issue was Amgen’s marketing of the anemia drug Aranesp.

The Thousand Oaks company will also pay more than $600 million dollars to settle civil litigation involved with Aranesp, and some other drugs. The total payout by Amgen is $762 million dollars.

The company also admitted it made mistakes, and has realigned its compliance efforts to insure something similar doesn’t happen in the future.

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