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Nigeria state, Pfizer to settle out of court - lawyers

Nigeria's Kano state and drugmaker Pfizer Inc have agreed to the broad terms of an out-of-court settlement in a…lawsuit over a 1996 drug trial, lawyers for both parties said…Kano sued [Pfizer]…for $2 billion in damages over the testing of the meningitis drug Trovan, which the authorities say killed 11 children and left dozens disabled…The...firm has denied all charges and says meningitis, not Trovan, killed the children or damaged their health…Nigeria's federal government sued for an additional $6.5 billion…though…it is expected to withdraw its case if Kano reaches a settlement. Sources close to the negotiations told Reuters…that the two sides were nearing a $75 million agreement…

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Pfizer lawsuit (re Nigeria)

Nigeria: Kano state and Pfizer agree settlement in lawsuit over drug trials which allegedly killed 11 children