Pfizer Settles Trovan Suit. Partially.
There seems to have been at least a partial resolution. A few weeks ago, Pfizer agreed to pay $75 million to the state of Kano to settle criminal and civil charges; $30 million will go towards health care programs in Kano, $10 million will be used to reimburse legal costs, and $35 million will be used to compensate harmed patients. But the story doesn’t necessarily end here. While the state level suit may have been resolved, Nigeria’s federal government has an outstanding $6 billion suit against Pfizer that is not affected by this settlement. Stay tuned.