Novartis To Pay $400M In Penalties

PHILADELPHIA (AP) -- Federal prosecutors say drug maker Novartis AG will plead guilty to charges it marketed an epilepsy medicine for unapproved uses and pay more than $400 million in civil and criminal penalties.

In an announcement Thursday by prosecutors in Philadelphia, the company agreed to forfeit $185 million. It also will pay $237.5 million to resolve civil liabilities over off-label marketing of Trileptal and for paying kickbacks to health care providers in a bid to get them to prescribe that and other drugs.

The Swiss company is the world's third-biggest drug maker by revenue.

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