Tuesday, January 30, 2007

$1.5M Jury Verdict in Prempro (HRT) Trial

From late in the day yesterday, a state court jury in Philly found Wyeth's hormone replacement therapy drug known as Prempro responsible for a woman's breast cancer. The verdict mandates that Wyeth pay $1.5 million in compensatory damages. The verdict breakdown: $1M for the woman, $500K for the spouse.

The jury also gets to whack Wyeth with a punitive damages award as well. The punitive damages phase begins this week.

There are nearly 5,000 pending cases, to be quite candid a manageable number of suits for Wyeth.

For more, go here.