Pfizer Inc. | |
|---|---|
 | |
| Industry |
|
| Key people | Albert Bourla (CEO) |
| Revenue | + $81.29 billion[1] |
| Net income | + $21.98 billion[1] |
| Website | |
| pfizer.com | |
[1] | |
Pfizer Inc. is a global pharmaceutical corporation.
Violations
Fraudulent Marketing
On September 2, 2009, Pfizer was sued for $2.3 billion by the U.S government for fraudulent marketing of multiple products.[2]
Pfizer bribed the U.S government for $1 billion to resolve allegations under the False Claims Act of illegal promotion of the drugs: Bextra, Geodon, Zyvox, and Lyrica; and illegal bribery of hospitals to promote these drugs.[2]
Nonconsensual Human Experimentation
In the Abdullahi v. Pfizer, Inc lawsuit; Pfizer was found to have conducted unconsensual testing, with trovafloxacin, on 200 nigerian children. The lead investigator, Abdulhamid Isa Dutse, later provided a letter of approval for human trials that was found to be falsified.[3]
In 2007, the government of Nigeria sued Pfizer for $6.95 billion as a result of this case.[4]
References
- ↑ 1.0 1.1 1.2 Pfizer Inc. 2021 Form 10-K Annual Report. Pfizer Inc..
- ↑ 2.0 2.1 Office of Public Affairs - Department of Justice. Justice Department Announces Largest Health Care Fraud Settlement in Its History.
- ↑ J. Wise (2001). Pfizer accused of testing new drug without ethical approval. BMJ (Clinical Research Ed.), vol.322 (p. 194). doi: 10.1136/bmj.322.7280.194 [HUB]
- ↑ "Nigerian state sues Pfizer over 'deformity' drug" (2007-05-20). Agence France Presse.