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Pfizer fine 'should act as deterrent' [USA]

Author: Sue Lannin, World Today, Australian Broadcasting Corp., Published on: 3 September 2009

Pfizer was fined $US2.3 billion..., the largest healthcare fraud settlement in US history, for trying to sell drugs for uses not approved by the regulators. The US Government says the practices put public health at risk.. One of those products was Bextra, an arthritis drug which Pfizer told doctors could ease severe pain…even though the FDA refused approval for wider use because of safety concerns... Pfizer says it regrets its past actions and will learn from them. "Let me be very clear. We absolutely regret the actions that we have taken in the past," Ray Kerins, Pfizer's vice-president of worldwide communications, said. [also refers to Pharmacia & Upjohn (part of Pfizer)]

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Related companies: Pfizer Pharmacia (part of Pfizer)