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Law Practice

Dec. 24, 2008

Pfizer's Pain Just Got $38 Million Worse After Jury Verdict

A Santa Clara County jury on Monday found that Pfizer Inc. stole a non-profit biotech firm's trade secrets to conduct low-key clinical trials on the painkiller Bextra, and ordered the pharmaceutical giant to pay $38 million in actual damages.

By Cortney Fielding
Daily Journal Staff Writer

A Santa Clara County jury on Monday found that Pfizer Inc. stole a non-profit biotech firm's trade secrets to conduct low-key clinical trials on the painkiller Bextra, and ordered the pharmaceutical giant to pay $38 million in actual damages.

The award - which could balloon if the judge decides to add punitive damages - is just the latest trouble for Pfizer over the painkiller that it had to pull from...

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