Healthy Skepticism Library item: 12824
Warning: This library includes all items relevant to health product marketing that we are aware of regardless of quality. Often we do not agree with all or part of the contents.
Publication type: news
NV Judge to Decide if Wyeth to Pay $134M
Yahoo Finance 2008 Feb 14
http://biz.yahoo.com/ap/080214/prempro_trial.html?.v=1
Abstract:
Reno Judge to Rule by Tues if Wyeth Must Pay $134M to 3 Nev Women
Full text:
A judge says he will decide by early next week whether to reduce a $134 million judgment a jury in Reno awarded three Nevada women after it decided drug maker Wyeth caused their breast cancer.
Washoe County District Court Judge Robert Perry said he’ll issue a ruling by Tuesday on the company’s motion to slash the award to less than $10 million.
A lawyer for Wyeth told the judge Thursday the damages awarded to the women in October is “an extreme aberration” — 30 times greater than juries awarded in four other similar cases.
A lawyer for the women said the judgment is less than 1 percent of Wyeth’s net worth of more than $14 billion. She said it is appropriate given that the company’s hormone replacement drug caused their ongoing pain and suffering.
