Brooklyn
Pfizer to pay $894 million towards settlement of lawsuits
Submitted by Carina Rose on Sun, 10/19/2008 - 10:44
The world’s biggest drugmaker, Pfizer has paid $894 million towards the settlement of its most outstanding litigation around its two painkillers – Bextra and Celebrex - sparked by concerns that they caused heart attacks and strokes. According to Jayne Conroy, a plaintiffs’ attorney, the company faced about 8,000 lawsuits over the drugs.
