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Judge Dismisses Pharmaceutical Manufacturers $30M Business I...

A federal judge in Massachusetts denied a pharmaceutical manufacturer's request for business interruption coverage after an air leak at the plant caused a $30 million loss of a Pfizer drug due to mold exposure, finding the alleged losses weren't covered by "direct physical loss of or damage to property."

Biotech & Pharmaceuticals

August 19, 2024, 6:11 PM