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Law Practice

Oct. 21, 2008

Pfizer Settles Cases Over Painkillers

The world's largest pharmaceutical company announced Friday it would pay $894 million to settle litigation involving two of its painkillers, one of which is still on the market.

By Rebecca Beyer
Daily Journal Staff Writer

SAN FRANCISCO - The world's largest pharmaceutical company announced Friday it would pay $894 million to settle litigation involving two of its painkillers, one of which is still on the market.

Speculation that New York-based Pfizer Inc. may have been quietly settling the thousands of personal injury and fraudulent marketing claims related to Bextra and Celebrex began last spring. On April 30, both sides...

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