It’s no secret that big pharma is big business. Americans spend hundreds of billions on prescription medications every year, with that figure projected to keep growing. And now a new report shows that the top-selling brand-name prescription drugs in the U.S. earn more than $60 billion a year for their manufacturers, with the biggest money-maker topping $13 billion per year in sales on its own. [More]
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Pfizer Hit With $43 Million Settlement For Misleading Marketing Of Drugs
By 12.12.12
The attorneys general of 33 states and the District of Columbia have reached a $43 million settlement with pharma giant Pfizer over allegations that the company ignored FDA warnings and made misleading marketing claims about its drugs Zyvox and Lyrica. [More]
Doctor Caught Faking 21 Drug Studies, Including Vioxx And Celebrex
By 3.11.09
The Wall Street Journal Health Blog has some “eye-popping” news — a doctor has been caught fabricating 21 drug studies, some of which were favorable to drugs that have since been pulled from the market — Merck’s Vioxx and Pfizer’s Bextra.
