Seroxat payouts to the UK 600 - expect a pittance !!

Seroxat payouts to the UK 600 - expect a pittance !!
3200 Seroxat claims settled out of court .....then case closed


Glaxo paid an average of about $50,000 per case to resolve about 3,200 claims linking Paxil to addiction problems, the people familiar with the cases said.

In its 2008 annual report, company officials noted they had reached a âconditional settlement agreementâ in January 2006 with Paxil users who alleged they suffered withdrawal symptoms after taking the drug. The case, filed in Los Angeles federal court, was marked closed in court records in February.

âGlaxo did not admit liabilityâ in the addiction settlements, the companyâs officials said in a March 2009 filing with the U.S. Securities and Exchange Commission

http://www.bloomberg.com/apps/news?pid=20601103&sid=aEr_s70bGdYo