J&J, Glaxo settle U.S. lawsuit over allergy ads

March 30, 2015 10:12 PM

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NEW YORK (Reuters) - GlaxoSmithKline Plc has agreed to settle a lawsuit by Johnson & Johnson accusing it of using false advertising at the start of the U.S. allergy season to grab market share.

The settlement was disclosed during a hearing in Manhattan federal court on Monday in which two Johnson & Johnson units were expected to ask a judge to block Glaxo from making various claims about its allergy nasal spray Flonase, records show.

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