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PFIZER RESPONSE TO CALIFORNIA SUPERIOR COURT DECISION

 NEW YORK, Nov. 30 ~PRNewswire~ -- Pfizer Inc (NYSE: PFE) stated today that it is pleased with last week's California Superior Court ruling that legal claims filed by foreign residents with properly functioning Shiley Convexo~Concave heart valves should be lg?ated in their home countries. The ruling was made in the Retzlaff case, o?lving a Canadian plaintiff.
 Pfizer believes, however, that the court's decision in the Alsup and Moore cases, permitting non-California U.S. residents with working C~C valve claims to litigate in California, is incorrect and inconsistent with previous California appellate decisions. Pfizer and Shiley will seek relief from this decision in the California Court of Appeal, which rejected arguments advanced by plaintiffs in these cases last March.
 A total of about 850 heart valve implantees opted out of the Bowling class action settlement approved by a Federal District Court in Ohio. Of those, Pfizer settled about 330 claims last week, leaving about 520 implantee opt-outs. Of these, about 50 are California residents; about 225 are non-California U.S. residents; about 65 are foreign residents; and the residence of the remaining approximately 170 is unknown to Pfizer.
 -0- 11~30~92
 ~CONTACT: A. A. Biesada, 212-573-2055, or Rick Honey, 212-573-2051, both of Pfizer~
 (PFE)


CO: Pfizer Inc ST: New York, California IN: MTC SU:

GK -- NY056 -- 2023 11~30~92 15:14 EST
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Publication:PR Newswire
Date:Nov 30, 1992
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