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: False Claims Act - Qui TamGovernment penalties don't slow Pfizer
By Phillips & Cohen LLP
Full post as published by False Claims Act - Qui Tam on December 13, 2011 (boomark / email).
Pfizer to Pay $2.3 Billion to Settle Investigation
New York, NY: Pfizer Inc. has agreed to pay a $2.3 billion to settle an investigation into the company's drug marketing practices. As part of the $2.3 billion settlement, Pfizer will pay a $1...
Pfizer/Wyeth Consolidation
Today's New York Times reports that Pfizer is close to purchaing Wyeth for more than $60 billion. Pfizer is already the world's largest drug company with revenues of $48 billion in 2007...
Pfizer Will Pay Record $2.3-Billion Settlement For Fraudulent Marketing
The CBS Evening News (9/2, story 5, 0:15, Rodriguez) reported that on Wednesday the government "hit Pfizer, the world's largest drugmaker, with a record $2.3 billion in fines for violating federal drug marketing rules...
Pfizer Pulls Lipitor Ads featuring DR. Jarvik
Pfizer announced it is voluntarily withdrawing Lipitor advertising and promotion featuring Dr. Robert Jarvik. For more, go here.
Pfizer reaches settlement with Nigeria state in drug testing lawsuit
[JURIST] Drug maker Pfizer reached a settlement Friday with the Nigerian state of Kano in a lawsuit over allegedly illegal clinical trials the company conducted in Nigeria in 1996. The national government and the state of Kano filed separate lawsuits against Pfizer in 2007, accusing the company of administering meningitis medication to 200 Nigerian children, including 100 with the then-experimental antibiotic Trovan, without the authorization of the Nigerian government or the consent of the patients' guardians...
Apotex Establishes Declaratory Judgment Jurisdiction in Lipitor Patent Challenge, Threatening the Pfizer-Ranbaxy Settlement, but Pfizer Reloads
Pfizer Inc. et al. v. Apotex Inc. et al., No. 08-7231 (N.D. Ill. 2010) The litigation between Pfizer and Apotex over Apotex's ANDA for a generic version of Lipitor (atorvastatin calcium) presents the fairly typical scenario of a later ANDA....
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