GlaxoSmithKline pharmaceuticals news

New York Attorney General Eliot Spitzer filed suit against GSK in the New York State Supreme Court, alleging that the pharma company concealed "negative" data on its Paxil antidepression drug in children and adolescents. Paxil is approved for use in adults. The suit alleges that "GSK has allowed positive information about pediatric use of paroxetine to be disclosed publicly, but has withheld and concealed negative information concerning the safety and effectiveness of the drug" in pediatric major depressive disorder. The suit seeks disgorgement of all profits obtained by GSK "as a result of the conduct alleged in the suit." ...