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Wyeth Faces Whistleblower Suits Over Prevnar

Law360 (February 29, 2008, 12:00 AM EST) -- Wyeth Pharmaceuticals Inc. has been hit with a whistleblower lawsuit by two former employees, alleging that the company hid safety problems with the manufacture of its lucrative vaccine Prevnar, the company revealed in a filing with the U.S. Securities and Exchange Commission.

The lawsuit, which alleges that Wyeth made false statements about the manufacture of Prevnar to the government between 2000 and 2005, was filed in November 2006 under seal, Wyeth said. In November 2007, the Department of Justice investigated the company and decided not to...
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