Pfizer paid the largest criminal fine in US history - Lawsuit details

Getting full approval from the FDA for its COVID-19 vaccine is a big deal for Pfizer. The FDA-stamp of approval is a critical step in getting a drug to the market. If a pharmaceutical company starts promoting a drug for something that the FDA hasn’t okayed, it can get in big trouble.

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.

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By Danielle Letenyei / Green Matters Contributor
(Source: marketrealist.com; August 26, 2021; https://tinyurl.com/yfgugwfm)
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