Pfizer

Business Law
10:11 am
Thu December 13, 2012

Pfizer Investigation Ends In $43 Million Settlement; $3.9 Million To Texas

The state attorney general’s office has announced a settlement in a 5-year, 33-state fraud investigation of the Pfizer drug company. The pharmaceutical company will pay almost $43 million to the 33 states for its unlawful marketing of two antibiotic drugs and claiming that its brand name drug was superior to a generic equivalent.

Texas will receive $3.9 million in the settlement.

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