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August 9, 2012

Pfizer to Pay $60.2 Million to Settle Claims of Illegal Bribes 
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The pharmaceutical giant Pfizer has agreed to a $60.2 million fine to
settle allegations of making illegal payments to win contracts abroad.
In a complaint filed by U.S. regulators, Pfizer was accused of paying
bribes to foreign officials in more than a half-dozen countries to
obtain business and increase prescriptions of its products. The alleged
misconduct dates back to 2001.

 

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