Sunday, August 02, 2009

Drug Giant & Vaccine Manufacturer To Pay Record $2.3 Billion Fine For Pushing Drugs For Nonexistent Conditions

By Ransdell Pierson and Jeremy Pelofsky

NEW YORK/WASHINGTON (Reuters) - Pfizer Inc agreed on Wednesday to plead guilty to a U.S. criminal charge relating to promotion of its now-withdrawn Bextra pain medicine and will pay a record $2.3 billion to settle allegations it improperly marketed 13 medicines.

The world's biggest drugmaker was slapped with the huge fines after being deemed a repeat offender in pitching drugs to patients and doctors for unapproved conditions.

Does Massa Have To Spell It Out For You Plantation Negros?

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