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Stock impact report

French weight-loss pill scandal set for landmark trial [Reuters]

Pfizer, Inc. (PFE) 
Last pfizer, inc. earnings: 4/28 06:45 am Check Earnings Report
Company Research Source: Reuters
French weight-loss pill scandal set for landmark trial * Paris court to probe France’s biggest pharma scandal * Servier accused of deliberate fraud over weight-loss pill * French regulator also incriminated * Trial, starting Monday, expected to last seven months By Matthias Blamont and Simon Carraud PARIS, Sept 20 (Reuters) - A landmark French trial will from next week seek to settle one of the country’s biggest pharmaceutical scandals, probing whether the company behind a weight-loss drug believed to have triggered killer side-effects covered up the risks. Privately-owned Servier, regulator Agence nationale de securite du medicament (ANSM) and 21 defendants will face more than 2,600 plaintiffs who believe the drugmaker deliberately misled patients for decades, helped by lenient authorities. The charges range from deceit to manslaughter which, under French law, could result in fines and jail sentences. The case caused an outcry in France, where authorities have said as many as five mi Show less Read more
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