Navigation Links
Wyeth to Appeal Nevada Hormone Therapy Trial Verdict
Date:10/15/2007

MADISON, N.J., Oct. 15 /PRNewswire-FirstCall/ -- Wyeth (NYSE: WYE) confirmed today that it will appeal the verdict in the Scofield, Rowatt and Forrester v. Wyeth cases in the Second Judicial District Court in Reno, Nevada, beginning with post-trial motions to The Honorable Robert H. Perry, who presided over the trial.

"This flawed verdict is the result of a trial riddled with errors," says Lawrence V. Stein, Wyeth's Senior Vice President and General Counsel. "The events of last week and the confusion surrounding the jury's deliberations only confirm our view that this verdict will not survive on appeal."

On Friday, substantial irregularities in the jury's deliberations came to light. Judge Perry informed the parties that he had reason to believe that some jurors thought that they had awarded punitive damages as part of the $134 million, ostensibly compensatory, verdict for the three plaintiffs on Wednesday. Wyeth's motion for a mistrial due to the confusion was denied.

In response to an interrogatory from the court, the jury subsequently confirmed that its original verdict included punitive as well as compensatory damages. Over Wyeth's objection and after denying Wyeth's renewed motion for a mistrial, the judge then instructed the jury to re-deliberate, focusing first on compensatory damages only. The jury returned a revised verdict totaling $35 million in compensatory damages on Friday. Plaintiffs were then permitted to argue for punitive damages and jurors were instructed to deliberate yet again today, resulting in a new punitive award totaling $99 million.

The Reno case is the seventh to reach a verdict since trials began in the hormone therapy litigation last year. All of the prior cases have been decided in Wyeth's favor at the trial court level. Three of the other six trials resulted in jury verdicts in favor of Wyeth; one of the plaintiffs' verdicts was overturned and judgment entered in favor of Wyeth; and the plaintiffs' verdicts in the remaining two trials were thrown out and new trials ordered. Three other cases have been dismissed by courts on summary judgment and a dozen other trial-set cases have been voluntarily dismissed by the plaintiffs before trial. In each of the prior cases involving a plaintiff's verdict, the court expressly ruled that there was no legal basis for an award of punitive damages.

Premarin(R) (conjugated estrogens tablets USP) and Prempro(TM) (conjugated estrogens/medroxyprogesterone acetate tablets) are approved by the U.S. Food and Drug Administration as safe and effective when used as indicated.

About Wyeth

Wyeth is one of the world's largest research-driven pharmaceutical and health care products companies. It is a leader in the discovery, development, manufacturing, and marketing of pharmaceuticals, vaccines, biotechnology products and nonprescription medicines that improve the quality of life for people worldwide. The Company's major divisions include Wyeth Pharmaceuticals, Wyeth Consumer Healthcare, and Fort Dodge Animal Health.

The statements in this press release that are not historical facts are forward-looking statements based on current expectations of future events and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. These risks and uncertainties include risks associated with the inherent uncertainty of the timing and success of product research, development and commercialization (including with respect to our pipeline products), drug pricing and payment for our products by government and third- party payors, manufacturing, data generated on the safety and efficacy of our products, economic conditions including interest and currency exchange rate fluctuations, changes in generally accepted accounting principles, the impact of competitive or generic products, trade buying patterns, global business operations, product liability and other types of litigation, the impact of legislation and regulatory compliance, intellectual property rights, strategic relationships with third parties, environmental liabilities, and other risks and uncertainties, including those detailed from time to time in our periodic reports filed with the Securities and Exchange Commission, including our current reports on Form 8-K, quarterly reports on Form 10-Q and annual report on Form 10-K, particularly the discussion under the caption "Item 1A, Risk Factors." We assume no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise.


'/>"/>
SOURCE Wyeth
Copyright©2007 PR Newswire.
All rights reserved

Related medicine news :

1. Wyeth Launches Vaccine for Pneumococcal Disease in India
2. Wyeth Embroiled in a Lawsuit over its Hormone Replacement Therapy
3. Wyeth Pharma Wins Law Suit
4. Verdict Against Wyeth Pharma in Prempro Case
5. FDA Approves Wyeths Oral Contraceptive Lybrel
6. Kalam Appeals to Eradicate Hearing Disability
7. UNAIDS Chief Appeals for Projects to Battle AIDS/HIV
8. An appeal by an epilepsy doctor in UK against his hospital
9. Cancer Patient Loses Embryo Appeal
10. Cancer Patient to Appeal to SC, Demanding Right to Use Marijuana
11. Man Appeals to President to Save His Ailing Son
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/26/2016)... NC (PRWEB) , ... June 26, 2016 , ... Brent Kasmer, a legally blind and ... to be personalized through a fitness app. The fitness app plans to fix the two ... currently only offer a one size fits all type program , They don’t ...
(Date:6/25/2016)... ... June 25, 2016 , ... Austin residents seeking Mohs ... College of Mohs Surgery and to Dr. Russell Peckham for medical and surgical dermatology. ... treatment for skin cancer. The selective fellowship in Mohs Micrographic Surgery completed by Dr. ...
(Date:6/25/2016)... TX (PRWEB) , ... June 25, 2016 , ... ... the United States, named Dr. Sesan Ogunleye, as the Medical Director of its new ... the facility Medical Director of our new Mesquite location,” said Dr. James M. Muzzarelli, ...
(Date:6/25/2016)... , ... June 25, 2016 , ... On Friday, June ... a Bronze Wellness at Work award to iHire in recognition of their exemplary accomplishments ... of the 7th annual Maryland Workplace Health & Wellness Symposium at the BWI Marriott ...
(Date:6/24/2016)... ... June 24, 2016 , ... Those who have experienced traumatic events ... turn to unhealthy avenues, such as drug or alcohol abuse, as a coping mechanism. ... tools for healthy coping following a traumatic event. , Trauma sufferers tend to feel ...
Breaking Medicine News(10 mins):
(Date:6/23/2016)... , June 23, 2016  MedSource announced ... as its e-clinical software solution of choice.  This ... best possible value to their clients by offering ... The preferred relationship establishes nowEDC as the EDC ... for MedSource,s full-service clients.  "nowEDC has long been ...
(Date:6/23/2016)... Research and Markets has announced the addition ... Chemical (Sugar, Petrochemical, Glycerin), Inorganic Chemical), Functionality (Filler, Binder, ... Forecast to 2021" report to their offering. ... excipients market is projected to reach USD 8.1 Billion ... forecast period 2016 to 2021. The ...
(Date:6/23/2016)... DUBLIN , June 23, 2016 ... "Global MEMS Devices Medical Market Analysis 2016 - Forecast to ... The report contains up to date financial ... reliable analysis. Assessment of major trends with potential impact on ... dive analysis of market segmentation which comprises of sub markets, ...
Breaking Medicine Technology: