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New York Judge Urges Lilly To Settle Lawsuit

Last updated on Friday, July 4, 2008

(INDIANAPOLIS) - A federal judge in New York is urging Eli Lilly and Co. to settle a multibillion-dollar lawsuit filed by insurance companies, unions and others who claim the company overpriced its top-selling drug Zyprexa and exaggerated its usefulness.

The judge says he's prepared to grant class action status for the suit and there's enough evidence to go to trial.

He set a hearing on the proposed order for July 31st.

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