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Glaxo's $3bn fraud payout

Drugs firm GlaxoSmithKline will pay three billion dollars (£1.9bn) in fines after admitting to the largest healthcare fraud in US history.

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US health fraud costs Glaxo £1.9bn

Drugs firm GlaxoSmithKline will pay three billion dollars (£1.9bn) in fines after admitting to the largest healthcare fraud in US history.

The UK's largest pharmaceutical company was accused of bribing doctors in America to prescribe medicines for unapproved uses, with potentially dangerous side effects.

GlaxoSmithKline is due to plead guilty to criminal and civil offences involving 10 drugs taken by millions of people. Credit: Fiona Hanson/PA Archive/Press Association Images

Glaxo, which is based in west London and has household names such as Lucozade and Ribena under its brand, is due to plead guilty to criminal and civil offences involving 10 drugs taken by millions of people.

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