Texas Hormone Therapy Lawsuit Has Been Dismissed
MADISON, N.J., February 02, 2007 /PRNewswire-FirstCall/ -- Wyeth announced today that Judge Caroline E. Baker of the Harris County District Court in Houston, Texas, has granted Wyeth's motion for summary judgment and dismissed the case of Brockert v. Wyeth, which was to have begun trial on February 5. The plaintiff in the Brockert case had alleged that she had developed breast cancer as a result of her use of Prempro(TM).
In granting the motion, Judge Baker ruled, among other things, that the plaintiff's "failure to warn" claim was preempted by the regulation of drug labeling by the U.S. Food and Drug Administration (FDA). The plaintiff was represented by the Houston-based firm of Hissey, Keintz & Heron.
"We believe the court's ruling was a proper application of the law," says David J. Beck, a partner with Beck, Redden and Secrest, L.L.P., a firm representing Wyeth in the case.
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 non-prescription 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.
CONTACT: Media, Christopher Garland, +1-973-660-5181, or Douglas Petkus,+1-973-660-5218, or Investor, Justin Victoria, +1-973-660-5340, all ofWyeth
Web site: http://www.wyeth.com/
Ticker Symbol: (NYSE:WYE)
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