asbestosPfizer Contributes Assets to Pay Asbestos Claims
Pfizer Inc. will contribute assets to help its bankrupt, nonoperating Quigley unit pay asbestos claims. Quigley, acquired by Pfizer in 1968, made three products for the steel industry from the 1940s to the 1970s that included asbestos. Pfizer still maintains that it never made or sold any Quigley products, but some claimants haven’t released the world’s largest drug manufacturer from alleged “derivative liability.” Included in the assets Pfizer will contribute is a 281,581-square- foot building leased to a brewery. The …
Mesothelioma: Deadly Cancer Caused by Exposure to Asbestos
Mesothelioma is an aggressive, deadly form of cancer that targets the soft tissue surrounding most of the body’s internal organs. Exposure to the toxic substance asbestos, which was widely used in thousands of construction materials, insulation, and other products for many decades, is the leading known cause of mesothelioma. People exposed to asbestos, most often directly on the job and for long periods of time, are at an increased risk of developing mesothelioma around the lungs, liver, and heart. About …
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