Astra $520 mil settle over Seroquel - patients naturally get nothing

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AstraZeneca finalizes U.S. settlement over Seroquel

Tue Apr 27, 2010 1:39pm EDT

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WASHINGTON, April 27 (Reuters) - AstraZeneca PLC (AZN.L) has settled charges that it illegally marketed its schizophrenia drug Seroquel for unapproved uses and agreed to pay $520 million, the U.S. Justice Department said on Tuesday.

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The settlement formalizes an agreement the company had reached in principle in October and the drug manufacturer had already made provisions for the payment last year.

(Reporting by Pelofsky)

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