Pfizer to Pay $2 Billion for Failing to pay Medicaid Rebates for Drug Protonix
Pfizer, a spin-off of the Monsanto Corporation, faces a $2 billion lawsuit that accuses its Wyeth unit of failing to pay Medicaid rebates for a stomach drug called Protonix. Pfizer already had to pay more than $55 million in 2013 for illegally promoting the drug for unapproved uses.