Pfizer received the largest criminal fine in history.

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David McCarthy
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Pfizer received the largest criminal fine in history.

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Pfizer received the largest criminal fine in history.

In 2009, Pfizer agreed to pay $2.3 billion in a criminal and civil liability lawsuit stemming from the illegal promotion of certain drugs. At the time, it was the largest healthcare fraud settlement in history.


In Pfizer’s 2009 settlement, the company had to pay a criminal fine of $1.195 billion and its subsidiary Pharmacia & Upjohn Company Inc. had to forfeit $105 million, for a grand total of $1.3 billion. It's still the largest criminal fine ever imposed in the U.S.

The company pled guilty to felony charges or violating the Food, Drug and Cosmetic Act by misbranding the anti-inflammatory drug Bextra and promoting it for uses that the FDA “specifically declined to approved due to safety concerns,” the Department of Justice stated.

Pfizer also paid $1 billion to resolve allegations under the civil False Claims Act that the company illegally promoted four drugs—Bextra, anti-psychotic drug Geodon, antibiotic Zyvox, and anti-epileptic drug Lyrica. The settlement claims that Pfizer paid kickbacks to healthcare providers to entice them to prescribe the drugs.

In eight years of repeated malfeasance, Pfizer has accumulated just under $3 billion in fines and civil penalties, or only about a third of last year's net revenues. For J&J, a penalty of $200–$300 million would hardly count as pocket change.


https://marketrealist.com/p/who-paid-la ... n-history/
Tough on Crime? Pfizer and the CIHR

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC2875889/
But he has nothing on at all, cried at last the whole people....
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