Pfizer Agrees to Settle Zantac Cancer Lawsuits for $250 Million
Pfizer, Inc., the largest pharmaceutical corporation in the world marketing drugs and vaccine,1 has agreed to pay between $200 to $250 million to settle more than 10,000 lawsuits filed in the United States related to cancer risks associated with its over-the-counter heartburn drug Zantac (also known as ranitidine). The acid reflux drug was discontinued in […]
FDA Adds Boxed Warning to Merck’s Asthma Drug Singulair About Suicide, Neuropsychiatric Side Effects
In 2008, the FDA issued a warning advising that it would investigate a possible risk of suicide associated with Merck & Co.’s asthma and allergy drug Singulair after there were many reports of increases in agitation, aggression, anxiety, depression and suicidal thoughts. Hallucinations also were documented for children and adolescents taking Singulair. When the drug’s […]
Pfizer Stock Posts Big Drop as Demand for COVID Shots and Paxlovid Dries Up
The value of shares in Pfizer, Inc. stock has dropped by over eight percent in recent weeks, bringing it to the lowest it has been in more than 10 years. The drop follows a recent announcement by the pharmaceutical company that it will post a decrease in revenue this year that will come in well […]
Blood Pressure Drug Recalled After Oxycodone Found on Production Line
Drug manufacturer KVK-Tech, Inc. has issued a voluntary recall of blood pressure drug betaxolol after oxycodone was discovered on the production line. The recall notice, published Sept. 29, 2023 by the U.S. Food and Drug Administration (FDA), says the precautionary measure is being taken following the discovery of a single 5 mg Oxycodone Hydrogen Chloride […]
Pfizer Will Charge Patients $1,390 for COVID Anti-Viral Paxlovid
Pfizer, Inc. plans to charge consumers more than double the price charged to the U.S. government for its COVID-19 anti-viral drug nirmatrelvir-ritonavir, sold under the brand name Paxlovid. A five-day course of the drug to treat COVID will soon cost patients $1,390. According to researchers, it costs Pfizer $13 to manufacture the supply of pills […]
U.S. Vaccine Industry Harvesting Blood from Horseshoe Crabs
For many decades, the blue colored blood from horseshoe crabs has been harvested for purposes of medical research and for quality control and safety testing in vaccines, prosthetics and intravenous drugs. Their eggs are also a staple food for a shorebird bird known as the red knot, which is listed as threatened under the Endangered […]
