Thursday, May 23, 2013
Thursday, May 23, 2013

Business

Shire says it will pay $57.5 million to settle with Justice Department

Shire, plc, says it reached an agreement to pay $57.5 million to settle allegations related to its marketing practices that were being investigated by the U.S. Attorney's Office in Philadelphia.

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Shire says it will pay $57.5 million to settle with Justice Department

POSTED: Friday, February 1, 2013, 1:18 PM
Shire P.L.C. has grown from about 100 local workers to around 1,100 since it moved to Wayne in 2004. (TOM GRALISH / Inquirer)

Drugmaker Shire, plc, says it reached an agreement to pay $57.5 million to settle allegations related to its marketing practices that were being investigated by the U.S. Attorney's Office in Philadelphia.

Shire is headquartered in Ireland, but its main office is in suburban Philadelphia.

A spokeswoman for the U.S. Attorney's Office in Philadelphia declined comment.

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David Sell blogs about the region's pharmaceutical industry. Follow him on Facebook. Reach David at dsell@phillynews.com.

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