A fabulous win for women in Nevada!! AND the Sr. Deputy Attorney General of Nevada who prosecuted Pfizer and Wyeth Pharmaceuticals is a NOW member and before moving to NV was active in the Seattle NOW Chapter.
FOR IMMEDIATE RELEASE
ATTORNEY GENERAL MASTO ANNOUNCES
AN $8 MILLION CHARITABLE CONTRIBUTION
AS PART OF A SETTLEMENT WITH PFIZER CONCERNING THE MARKETING OF HORMONE THERAPY MEDICATIONS
Las Vegas, NV – Nevada Attorney General Catherine Cortez Masto announced today that her Office has reached a $9.5 million settlement with Pfizer Inc., to resolve the State’s lawsuit that Pfizer and Wyeth Pharmaceuticals unlawfully promoted certain postmenopausal hormone therapy medications and misled Nevada consumers and physicians about the safety and efficacy of these drugs.
“This settlement will help our local education institutions support programs addressing women’s health issues,” said Masto.
On Oct. 27, Pfizer agreed to make an $8 million donation that will go towards the University School of Medicine and the University Medical Center to fund Nevada health care programs affecting women’s health issues.
Pfizer is bound by a previous consent judgment announced in Aug. 2014 that requires the company to ensure that its marketing and promotional practices do not unlawfully promote any Pfizer product.
Specifically, as required by the previous consent judgment, Pfizer shall not:
Make, or cause to be made, any written or oral claim that is false, misleading, or deceptive regarding any Pfizer Product;
Make any claim comparing the safety or efficacy of a Pfizer Product to another product when that claim is not supported by substantial evidence as defined by Federal law and regulations;
Promote any Pfizer Product for Off-Label uses;
Include mechanisms in its financial incentives to provide incentive compensation for sales that may be attributable to the Off-Label uses of any Pfizer Product.
Pfizer is also making a payment of $1.5 million to the Nevada Attorney General’s office to offset investigational costs.
This case was prosecuted by Kristine M. Kuzemka, Senior Deputy Attorney General.