NH and 41 other states reach $35 million settlement with Pfizer
The attorney general’s office announced yesterday that New Hampshire and 41 other states have reached a $35 million settlement with Pfizer Inc. over a drug it has admitted to illegally promoting.
The drug was Rapamune, an immunosuppressive approved by the FDA to help prevent organ rejection after kidney transplants. In a statement, Senior Assistant Attorney James Boffetti said yesterday’s settlement stipulates that one of Pfizer’s splinter companies, Wyeth Pharmaceuticals, violated consumer protection laws by misrepresenting Rapamune’s uses and benefits.
It’s unclear how much of the settlement will end up in New Hampshire. Attempts to reach the Boffetti were unsuccessful.