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Former Research Chemist at Global Pharmaceutical Company Sentenced to 18 Months in Prison for Theft of Trade Secrets

TRENTON—A former research chemist with global pharmaceutical company sanofi-aventis (sanofi) was sentenced today to 18 months in prison for stealing sanofi’s trade secrets and making them available for sale through Abby Pharmatech Inc. (Abby), the U.S. subsidiary of a Chinese chemicals company, U.S. Attorney Paul J. Fishman announced.

PFIZER AGREES TO LARGEST HEALTH CARE FRAUD SETTLEMENT EVER

New York state to receive nearly $66 million as part of multi-state/federal settlement with Pfizer NEW YORK, N.Y. (September 2, 2009) - Attorney General Andrew M. Cuomo today announced that New York, six other states and the federal government have negotiated the largest health care fraud settlement in history concerning allegations that pharmaceutical giant Pfizer, Inc. provided kickbacks and engaged in off-labeling marketing campaigns to illegally promote its drugs. Pfizer (NYSE: PFE), the largest pharmaceutical manufacturer in the world, illegally engaged in a pattern of marketing activities to promote multiple drugs for uses not approved by the Food and Drug Administration (FDA). Pfizer also paid kickbacks to health care professionals in the forms of entertainment, cash, travel and meals to induce them to promote and prescribe various drugs, including: Bextra, Geodon, Lyrica, Zyvox, Aricept, Celebrex, Lipitor, Norvasc, Relpax, Viagra, Zithromax, Zoloft and Zyrtec.