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===1994 Shiley defective heart valves settlement=== Pfizer purchased Shiley in 1979, at the onset of its Convexo-Concave valve ordeal, involving the [[Bjork–Shiley valve]]. Approximately 500 people died when defective [[heart valve]]s fractured and, in 1994, Pfizer agreed to pay $10.75{{nbsp}}million to settle claims by the [[United States Department of Justice]] that the company lied to get approval for the valves.<ref>{{Cite news |url=https://www.nytimes.com/1994/07/02/business/pfizer-unit-to-settle-charges-of-lying-about-heart-valve.html |title=Pfizer Unit to Settle Charges Of Lying About Heart Valve |first=Barry |last=Meier |work=The New York Times |authorlink=Barry Meier |date=July 2, 1994 |url-access=limited}}</ref>
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