PFPC Daily - January 6, 2005

"Pfizer sued over Celebrex"

Associated Press - Jan. 3, 2005

HARTFORD (AP) -- A federal class action lawsuit has been filed in
Connecticut against Pfizer Inc. A Colchester-based law firm claims
the pharmaceutical giant misled investors about the safety of
Celebrex, the nation's leading arthritis painkiller.

New prescriptions for Celebrex have fallen by more than half since a
government-led study last month showed high doses of it were
associated with an increased heart attack risk.

The suit was filed in federal court in Hartford last week on behalf
of investors. A Pfizer spokesman said the company had no immediate
response.