Judge Says Pfizer Breached Indemnification Contract with HRT Partner
August 7, 2007
DOCUMENTS
- Opinion
NEW YORK - Pfizer Inc. may have to pay at least $17 million to a company that it joined forces with in 2000 to market three hormone replacement therapy products that later became the subject of personal injury claims. Novo Nordisk Inc. v. Pharmacia & Upjohn Co., et al., No. 601683/06 (N.Y. Sup. Ct., New York Cty.).
In a July 24 decision, New York County Supreme Court Justice Ira Gammerman ruled that Pfizer is liable to Novo Nordisk Inc. for an amount to be determined at trial for the drug maker's alleged breach of contract related to a settlement agreement …
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