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ALPHARMA RECEIVES FAVORABLE RULING IN PRODUCT LIABILITY CASE
Sep. 27, 2006
Source: Alpharma Inc. news relase
Alpharma Inc. (NYSE:ALO), a global specialty pharmaceutical company, announced today that the Circuit Court of Washington County, Arkansas, Second Division, today ruled in the company's favor in litigation involving roxarsone, a product sold by Alpharma's Animal Health division.
The plaintiffs in the case alleged that exposure to chicken litter containing certain residue from the company's product caused a form of leukemia in one of the plaintiffs. The jury in this case found that the plaintiffs did not meet the burden of proof, and therefore found Alpharma not liable for the illness suffered by the plaintiffs. The plaintiffs have the right to appeal the court's decision.
This is the first trial in this matter, in which approximately 175 plaintiffs are seeking personal injury damages in connection with exposure to residue from the company's product. The company expects a second trial to commence in April 2007.
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