Pfizer Fined $2.3 Billion For Improper Marketing

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The Pfizer unit Pharmacia & Upjohn pleaded guilty to a single felony charge that accused the company of marketing its anti-inflammatory drug Bextra for broader uses and higher dosages than those approved by the Food and Drug Administration.

“In Settlement, A Warning To Drugmakers”, The Washington Post, September 3, A1

Yikes!

pfe-2-day-chart

Disclosure: Top Gun is long share of Pfizer (PFE).

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