Pfizer Inc

Sheller, P.C. Law Firm Instrumental in Pfizer's $2.3 Billion Settlement Today in Largest Pharmaceutical Whistleblower Case in History

PHILADELPHIA, Sept 02, 2009 /PRNewswire-USNewswire via COMTEX/ — Includes Allegations of Illicitly Promoting Antibiotic As Clinically Superior When Its Own FDA-Approved Label Said Otherwise; First-Ever Qui Tam Whistleblower Settlement of Its Type Pfizer Inc. ignored a 2005 FDA Warning Letter to stop promoting its antibiotic Zyvox(R) as clinically superior to the significantly less expensive, generic vancomycin when its own FDA-approved label indicated otherwise. The drug giant also defrauded federal and state taxpayers by marketing Zyvox off-label, according to a qui tam whistleblower complaint filed by Philadelphia law firm Sheller, P.C. and other documents unsealed with today’s $2.3 billion Pfizer settlement. The $2.3 billion settlement included off-label marketing allegations for the withdrawn arthritis drug Bextra(R), which was included in the Sheller complaint. Zyvox (linezolid) is an antibacterial agent that is approved by the FDA to treat certain types of infections, including nosocomial pneumonia and complicated skin and skin structure infections (“CSSSIs”) due to Methicillin Resistant Staphylococcus Aureus (“MRSA”). Worldwide sales of Zyvox totaled $1.115 billion in 2008.

PFE : Pfizer Inc

PFE : Pfizer Inc Sector: Healthcare > Industry: Major Drugs Pfizer, Inc., is research-based, a global pharmaceutical company. The company discovers, develops, manufactures and markets innovative medicines for humans and animals. Pfizer operates in two business segments, pharmaceutical products, which includes pharmaceuticals prescriptions for, to treat cardiovascular disease, infectious diseases, disorders of the central nervous system, diabetes, straightening dysfunction, Allergies, arthritis and other disorders, as well as over-the-counter self-care products, and animal health, which includes insecticidal, anti-infective and anti-inflammatory drugs and vaccines for livestock, poultry and related animals.

Trade 22 July

AMX : America Movil S.A.B de C.V Sector: Services > Industry: Communications Services HAR : Harman International Industries Inc Sector: Consumer Cyclical > Industry: Audio and Video Equipment На 15 wait a minute my idea, almost turned out ;) This trade helped me finish the day at zero because. took more than usual.

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