Pfizer Inc. to Pay $1.8 Million in Prempro Punitive Damages

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Pfizer Inc. (PFE:US) must pay about $1.8 million in punitive damages to a Connecticut woman who developed breast cancer after taking the company’s Prempro menopause drug, a judge concluded. U.S. District Judge Janet Bond Arterton’s Aug. 5 ruling brings the amount Pfizer must pay Margaret Fraser over her claims the hormone-replacement medicine caused her cancer to $5.76 million. A jury in New Haven, Connecticut, awarded Fraser and her husband $4 million in compensatory damages in April 2012 after finding the world’s largest drugmaker liable for her injuries.

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