Drug maker Eli Lilly and Co. said today, just a few hours ago, it will settle more liability lawsuits for its anti-psychotic medication Zyprexa for less than $500 million.
In June 2005, Lilly settled more than 8,000 similar claims for a little less than $700 million.
“While we remain confident that these claims are without merit, we took this difficult step because we believe it is in the best interest of the company, the patients who depend on this medication, and their physicians,” said Sidney Taurel, chief executive and chairman, in a statement.
And I’m sure it had nothing to do with the New York Times articles and the leaking across the internet of the secret Lilly marketing documents contained in the ‘ZyprexaKills’ file…..
Nothing at all.