The Story of Pfizer Inc.

Here are some notable fines that Pfizer has had to pay:

😱 In 2004, Pfizer agreed to pay $430 million to settle a lawsuit brought by the Department of Justice (DOJ) over illegal marketing practices for its drug Neurontin.

😱 In 2009, Pfizer paid $2.3 billion to settle civil and criminal charges related to the off-label promotion of several drugs, including Bextra, Geodon, Zyvox, and Lyrica. This settlement marked the largest healthcare fraud settlement in DOJ history at that time.

😱 In 2012, Pfizer settled a lawsuit for $164 million over allegations that Wyeth, a company it acquired in 2009, engaged in illegal off-label marketing of its drug Protonix.

😱 In 2013, Pfizer agreed to pay $55 million to settle allegations that it violated the False Claims Act by misrepresenting the safety and efficacy of its kidney transplant drug Rapamune.

😱 In 2016, Pfizer settled with the DOJ for $784.6 million over allegations that its subsidiary, Wyeth, underpaid drug rebates owed to Medicaid for Protonix.

😱 In 2020, Pfizer reached a $345 million settlement to resolve allegations that it paid bribes to foreign officials in multiple countries to obtain regulatory approvals, sales, and increased prescriptions for its products.
** Please note that this list is by no means exhaustive.

Video by Dr Sam Bailey.

Dr Sam Bailey is a medically trained doctor from New Zealand who makes health videos on questions from her viewers. She researches and covers common medical conditions, but will also tackle controversial health issues. Dr Bailey is co-author of the book "Virus Mania."

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