Violation Tracker Individual Record

Company: 
Pfizer
Current Parent Company: 
Pfizer
Penalty: 
$745,000,000
Year: 
2008
Date: 
October 17, 2008
Offense Group: 
safety-related offenses
Primary Offense: 
drug or medical equipment safety violation
Secondary Offense: 
product safety violation
Violation Description: 

In October 2008 Pfizer said it was taking a charge of $894 million to cover litigation costs relating to its anti-inflammatory drugs Bextra and Celebrex. Of the total, $745 million was to cover product liability suits relating to the two drugs.

Level of Government: 
federal
Action Type: 
private litigation
Court: 
Northern District of California
Civil or Criminal Case: 
civil
Case ID: 
3:05md1699
Case Name: 
In Re Bextra And Celebrex Marketing, Sales Practices And Products Liability
Private Lawsuit Resolution Type: 
settlement
HQ Country of Parent: 
USA
HQ State of Parent: 
New York
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
pharmaceuticals
Specific Industry of Parent: 
pharmaceuticals
Link to PACER Case Docket (must be logged in): 
Source Notes: 
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Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.