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Finding new treatments for serious diseases like Alzheimer’s is big business, but it has not proven easy for the pharmaceutical industry. Both Pfizer and Johnson & Johnson both abandoned their Alzheimer’s drugs in late-stage trials, but Eli Lilly is hoping it can be the pioneer. But is this new treatment just another spin on an…..
Drug giant Pfizer has agreed to pay $164 million to settle a shareholder class action lawsuit over Celebrex, a pain reliever that became the company’s 5th best-selling drug, pulling in $2.5 billion a year. Pfizer was accused of misrepresenting the drug in clinical trials, making it appear safer than it actually was. This is not…..
The world’s top-selling drug. The best-selling drug of all time. With laurels like these being attached to a cholesterol-lowering drug that has now gone off-patent, it is no surprise that pharmaceutical companies are now in a race to introduce a new cholesterol-lowering drug to the world, and reap its benefits. Lipitor was pharmaceutical company Pfizer’s…..
Over 2,600 lawsuits alleging that Pfizer’s smoking-cessation drug Chantix triggers psychiatric problems await trial, and now one of the specific cases chosen to test the rest, frequently called a bellwether case, has been settled. Plaintiff Billy Bedsole, Jr. alleged that Chantix caused him to suffer from suicidal thoughts and other psychiatric problems, resulting in him…..
The commonly prescribed antibiotic azithromycin, also called Zithromax or Z-pak, can cause potentially fatal changes in heartbeat. The FDA issued a safety announcement warning patients of the potential risk, and warning doctors to be more aware of underlying conditions in patients to whom they prescribe it.