Pfizer is again reportedly close to agreeing a $75 million settlement over a drug trial in Nigeria that allegedly left 11 children dead and others injured.

Earlier this year in April it was reported that this settlement related to the trial of Trovan had been agreed (see: Pfizer settles Nigerian drug case out of court – April 06, 2009). Pfizer denied any wrongdoing in the trial, which Kano State prosecutors alleged was illegal. Pfizer, in contrast, says the trial was carried out with the consent of the Nigerian government, and conformed to standard ethical practices.

Now the agreement has been officially announced. AFP says:

The agreement, which is due to be inked on Thursday in Nigeria, was formally announced in court on Monday, lawyers from both sides said, without giving details of the amounts involved.

…

“Yes, we have agreed on the out-of-court settlement and we will sign the agreement on Thursday,” confirmed Pfizer lawyer Anthony Idigbe.

AFP reports that Pfizer will cough up $35m for the victims and their families, $10m for state costs and $5m to do up Kano’s infectious disease hospitals; $50m in total. However Reuters agrees with the first two numbers but says that $30m is being set aside for “healthcare initiatives chosen by the Kano State government”; $75m in total.

Reuters’ numbers would agree with reports earlier this year from the BBC.