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Wednesday, April 7, 2010 as of 11:14 AM ET

Miles White

Miles E. White (July 27, 1914 – February 17, 2000) was a top costume designer of Broadway musicals for 25 years.

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Abbott To Pay $1.6 Billion To Settle Depakote Marketing Probes

Abbott Laboratories (ABT) agreed to pay $1.

6 billion and plead guilty to violating a federal drug law to resolve allegations that the company improperly promoted antiseizure drug Depakote for unauthorized uses.The Justice Department said it was the second-largest payment by a drug company to settle an investigation, after Pfizer Inc.'s (PFE) $2.3 billion settlement in 2009. It is the latest in a series of settlements by major drug makers--including GlaxoSmithKline PLC (GSK), Eli Lilly & Co. (LLY) and Merck & Co. (MRK)--whose marketing practices have been investigated by the government in recent years.As part of its agreement with federal and state officials, Abbott admitted that from 1998 through 2006, it had a specialized sales force trained to market Depakote in nursing homes for the treatment of aggression and agitation in elderly dementia patients, despite the absence of credible scientific evidence that the drug was safe and effective for that use, according to the Justice Departm...

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    Abbott Laboratories (NYSE:ABT) reported a 44% jump in first-quarter profit and beat Wall Street expectations on Wednesday, led by sharp year-over-year gains in its n...

  2. Abbott Labs Chief White's Compensation Fell 6.1% In 2011

    "Abbott Labs Chief White's Compensation Fell 6.1% In 2011," published at 7:02 p.m. ET, misstated in the fourth paragraph the nature of a bonus paid in February. A co...

  3. Abbott Faces More Investigations, Lawsuits Over Depakote Marketing

    Abbott Laboratories (ABT) is facing fresh legal challenges in connection with its sales and marketing of anti-seizure drug Depakote.The Abbott Park, Ill., company la...

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    It’s that time of year again, when proxies are released and many business publications run lists of the highest paid CEOs at America’s large public companies. The co...

  5. Abbott Lab to Break Into Two Separate Companies

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  7. Abbott Laboratories 2Q Net Up 50% As Proprietary Sales Climb, Raises Outlook

    Abbott Laboratories ' (ABT) second-quarter earnings rose 50% as revenue growth in its proprietary pharmaceutical segment continued to outperform.The pharmaceutical a...

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