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Pfizer settles $2.3 billion government lawsuit

Pfizer has agreed to pay a record $2.3 billion in fees for off-label marketing. Officials at the departments of Justice and Health and Human Services called the agreement with Pfizer a cautionary example of policing errant health-care business. Pfizer will pay $1.2 billion in criminal fines, $1 billion to repay Medicare/Medicaid, and $100 million of “criminal forfeiture.”

To read more about the $2.3 billion settlement.