GlaxoSmithKline P.L.C. - which last week said it set aside $2.4 billion to settle court cases over its drugs Paxil and Avandia - agreed to pay $1 billion of that total to resolve more than 800 cases involving the antidepressant Paxil, Bloomberg News reported today.
Bloomberg, citing unnamed people familiar with the settlements, said the agreements leave more than 100 cases pending on claims that anti-depressant Paxil caused birth defects in some users' children.
Hundreds of the Paxil cases were filed in Philadelphia. Glaxo, based in the United Kingdom, has major operations here.