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
Source of Data:
Link to PACER Case Docket (must be logged in):
Source Notes:
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note:
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.
