PLOS Medicine, an online medical journal conducted a study using numbers from 2004 and concluded that pharmaceutical companies spent almost twice as much on marketing than on their research and development for their United States markets.As a marketing person, on the one hand I am in awe of these marketing budgets, in excess of $57.5 billion dollars. But as a consumer, I'm a bit dismayed that...
Actavis Inc., in conjunction with the FDA, is recalling 14 lots of its Fentanyl transdermal system CII patches because the patches have a defect that can cause them to leak. The Fentanyl patches were available from wholesalers and pharmacies throughout the United States. Fentanyl patches sold in Europe are not affected by this recall.The 14 lots of Fentanyl transdermal system patches being...
A staggering new report released by the Substance Abuse and Mental Health Services Administration stated that 3.1 million Americans ages 12 to 25 have used an over-the-counter cough and cold medicine in order get high.Cough syrups and cold pills are being used in large doses to get high and induce hallucinations for young people. The 2006 survey was completed with 45,000 people ages 12 to 25...
It's been since 2004 that Merck & Co., one of the largest pharmaceutical companies in the world, has taken the pain medication Vioxx off of the shelves. Finally, on November 9th, Merck settled the numerous Vioxx lawsuits with agreeing to pay $4.85 billion. It appears that the Vioxx manufacturer finally recognized, after obtaining mixed results in the early Vioxx cases it forced to trial, that a...
The antibleeding drug Trasylol has been pulled from the market around the world after a study has shown there may be an increased risk of death from use. The drug is used during heart bypass surgery. The announcement came as a Canadian study comparing the safety and efficacy of Trasylol with two others was halted. Preliminary results from that trial also suggested Trasylol increased the risk...
The FDA has issued on its MedWatch page an announcement about the publication of two "Dear Healthcare Professional" letters from Cephalon Oncology about potential dangers of their fentanyl buccal tablets.Fentora is manufactured by Cephalon oncology and is indicated in the treatment of breakthrough cancer pains. Fentanyl tablets are not appropriate for patients suffering from post-operative...
Last month a federal grand jury indicted 18 people on charges stemming from fraud to racketeering over their participation in an international online pharmaceutical sales ring. The company's name was Affpower, and by the time the federal government had shut the sales operation down, Affpower had moved over $126 million in illegally prescribed pharmaceuticals.The arrests haven't managed to stem...
The FDA has issued that the diabetes drug Avandia should carry a black box warning label for possible heart failure related to taking the drug. The warning labels will appear on all drugs in the thiazolidinedione class. GlaxoSmithKline is the manufacturer of Avandia. "This new boxed warning addresses FDA's concerns that despite the warnings and information already listed in the drug labels,...
The drug Zelnorm, manufactured by Novatis, was taken of the market in March because of a high risk of heart attacks, stroke, and chest pain. But now the FDA is allowing the irritable bowel syndrome drug to become available again, but only for a restricted access program. Zelnorm will remain off the market for the general public.The program is for women in the US under 55 years of age who...
Public Citizen, a consumer advocacy group, decided advertise a class action suit a little differently. The group of lawyers used You Tube, a popular video website, to announce a $48 million class action settlement for people who had purchased Paxil for their kids.There are two videos up on the website. The first video that shows a teenager wandering around looking confused, and then a news...
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