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Pfizer Partners With Biovac to Boost Africa s Vaccine Supply
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Stars and Stripes - Pfizer partners with Biovac to boost Africa s vaccine supply
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Pfizer Agrees to Pay $345 Million Under Proposed Settlement Over EpiPen Price Hikes
By the Associated Press.
Pfizer Inc. and two of its subsidiaries have agreed to pay $345 million under a proposed settlement to resolve litigation over EpiPen price hikes.
The New York-based Pfizer and its subsidiaries–Maryland-based Meridian Medical Technologies Inc. and Tennessee-based King Pharmaceuticals–asked a federal court in Kansas City, Kansas, on Thursday to grant preliminary approval to the settlement.
Numerous class action lawsuits were filed alleging the companies engaged in anticompetitive conduct. EpiPens are auto-injectable devices that deliver the drug epinephrine and are used to treat life-threatening allergic reactions.
Pfizer and two of its subsidiaries agree to pay $345 million settlement over EpiPen price hikes Updated: 5:20 PM EDT Jul 15, 2021 Associated Press Share Updated: 5:20 PM EDT Jul 15, 2021
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Show Transcript REPORTER: SEVEN-YEAR-OLD AIDEN SEGOOL LOOKS JUST LIKE ANY OTHER KID ABOUT TO START SCHOOL. BUT WHAT YOU CAN’T SEE IS THAT AIDEN HAS A LIFE-THREATENING ALLERGY TO DAIRY AND EGGS. EVERYONE GETS TO EAT AROUND ME, BUT I CAN’T. REPORTER: IT IS SOMETHING HIS PARENTS DISCOVERED THE FIRST TIME HE TRIED YOGURT AS A BABY. ALL OF A SUDDEN, SOMETHING DIDN’T SEEM RIGHT. I GOT NERVOUS, I TOOK HIS SHIRT OFF AND HE WAS COVERED IN HIVES. REPORTER: MOM ALYSON WAS PRESCRIBED AN EPINEPHRINE AUTO-INJECTOR, THEN TRAINED HOW TO USE IT. AND SHE LEARNED TO ASK THE PHARMACY ABOUT ITS EXPIRATION DATE. THEY’RE GRABBING ONE OFF THE SHELF THAT’S EXPIRING IN 4 MONTHS. NOT ONLY DO YOU HAVE TO GO BACK IN 4 MONTHS BUT YOU’VE SPENT THE MONEY
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