Thought Leadership

Pfizer and Kano – Heads or Tail…the people loose

1 Mins read
Thought Leadership

Pfizer and Kano – Heads or Tail…the people loose

1 Mins read

Reuters – KANO, Nigeria, July 27 (Reuters) – Nigeria’s Kano state and drugmaker Pfizer Inc have reached a final court settlement in a multi-billion dollar lawsuit over a 1996 drug trial, lawyers for both parties said on Monday. The northern state of Kano sued the world’s largest drugmaker in May 2007 for $2 billion in damages over testing of the meningitis drug Trovan, which state authorities said killed 11 children and left dozens disabled. The lawyers would not describe the settlement, but a source close to the deal said it obliges Pfizer to pay $75 million.

Here’s how the $75 million will break down:

– $35 million of the settlement is slated to go to a fund that would provide payments to eligible people who participated in the Trovan study.

– $30 million of the settlement would be set aside for healthcare initiatives chosen by the Kano State government.

– $10 million of the settlement would be used to reimburse Kano State for legal costs associated with the lawsuit.

Pfizer says there will be some oversight on the Kano State initiatives and seeks to name a separate six-member board to oversee the $30 million allocated to support healthcare initiatives designated by Kano State. Kano State government does not want any interference and are calling for self determination in managing the disbursal of the settlement funds…

Naija….we know what that means 🙂 Aluta!


Credit to BNET for links.

http://www.nigeriahealthwatch.com/

Never doubt that a small group of thoughtful committed people can change the world; indeed it is the only thing that ever has…Margaret Mead

Related posts
Thought Leadership

Why We Must Accelerate the Inclusion of Noma as a Neglected Tropical Disease

4 Mins read
A mysterious figure dressed all in black, she appeared to be invisible as she slipped through the Laraba (Wednesday) market crowd in…
Thought Leadership

Africa at a Public Health Crossroads: Five Lessons from the 2nd International Conference on Public Health in Africa 2022

6 Mins read
The COVID-19 pandemic opened a ‘Pandora’s box’ of never-ending problems putting enormous pressure on global health systems, exposing biases in global public…
Thought Leadership

The 63rd National Council on Health: Towards Building a Resilient and Sustainable Health System

4 Mins read
Prior to the COVID-19 pandemic, the world was making progress toward achieving the 2030 Agenda for Sustainable Development. However, since the onset…

Leave a Reply

Your email address will not be published. Required fields are marked *