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Pfizer, Subsidiaries Agree to Pay $345M in EpiPen Settlement

Pfizer, Subsidiaries Agree to Pay $345M in EpiPen Settlement EpiPens, auto-injectable devices that deliver the drug epinephrine, are used for emergency treatment of a life-threatening allergic reaction Published July 15, 2021 AP Pfizer Inc. and two of its subsidiaries have agreed to pay $345 million under a proposed settlement to resolve lawsuits over EpiPen price hikes. In documents filed Thursday in federal court in Kansas City, Kansas, the New York-based Pfizer and its subsidiaries Maryland-based Meridian Medical Technologies Inc. and Tennessee-based King Pharmaceuticals asked the court to grant preliminary approval to the settlement, Kansas City s NPR station KCUR-FM reported. Don t miss local breaking news and weather. Download

The Day - Pfizer, subsidiaries agree to pay $345M in EpiPen settlement - News from southeastern Connecticut

Published July 16. 2021 12:44AM | Updated July 16. 2021 1:02AM Get the weekly rundown Email Submit KANSAS CITY, Kan. (AP) Pfizer Inc. and two of its subsidiaries have agreed to pay $345 million under a proposed settlement to resolve lawsuits over EpiPen price hikes. In documents filed Thursday in federal court in Kansas City, Kan., the New York-based Pfizer and its subsidiaries Maryland-based Meridian Medical Technologies Inc. and Tennessee-based King Pharmaceuticals asked the court to grant preliminary approval to the settlement, Kansas City s NPR station KCUR-FM reported. The litigation dates to 2016, when numerous class-action lawsuits were filed around the country alleging that the companies engaged in anticompetitive conduct related to EpiPen. The cases were transferred to the Kansas court because of its centralized location.

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