The Federal Government yesterday told a Federal High Court sitting in Abuja that it has agreed to settle, out of court, a $700 billion civil suit it instituted against the world’s largest pharmaceutical company, Pfizer. The government said this yesterday while asking the court for adjournment to enable parties in the case resolve the matter amicably.
The government had sued Pfizer before the court for allegedly maiming or and killing in 1996, not fewer than 96 children afflicted in Kano State by bacterial meningitis through alleged illegal experimentation of its products, Trovafloxacin Mesylate, (Trovan) on them.
Since September, 16 major drug companies have inked deals with the Trump administration to lower prices....
