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AHP Redux litigation

Executive Summary

Payments totaling $4.1 bil. were made in the first quarter, bringing American Home Product's total diet drug-related settlement pay-outs to approximately $8.2 bil. Since January, AHP has settled roughly 2,000 additional cases of the 10,000 remaining from claimants that opted out of the class action lawsuit. The company expects to make a total of $12.25 bil. in Redux-related payments (1"The Pink Sheet" Jan. 29, p. 18). AHP is in a net debt position of $3.4 bil. as of March 31

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