State to get nearly $4M in settlement

Published Nov 16, 2012 at 04:00AM / Updated Nov 19, 2013 at 12:31AM

PORTLAND — Oregon Attorney General Ellen Rosenblum says the state will get nearly $4 million in a multistate settlement with a British drug maker over the diabetes drug Avandia.

Rosenblum said Thursday that GlaxoSmithKline will pay $90 million to 38 states to settle a suit alleging it misrepresented the cardiovascular risks of the drug.

A spokesman, Jeff Manning, says much of the Oregon money will fund the Department of Justice consumer protection operation, and about $400,000 will go to state agencies, such as the Department of Corrections, that bought the drug.