Takeda, Eli Lilly must defend racketeering suit over diabetes drug, judge rules

Lilly intends to appeal the ruling that the company defrauded payers for marketing a diabetes treatment without disclosing cancer risks.

Photo: Darron Cummings/AP/Ritzau Scanpix

By David Voreacos, bloomberg

A federal judge ruled Takeda Pharmaceutical Co. and Eli Lilly & Co. must defend a racketeering lawsuit claiming they defrauded third-party payers by marketing the Actos diabetes drug without disclosing its association with the risk of bladder cancer.

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