Posts Tagged 'drospirenone'

Bayer official: Operating cost cuts to put more drugs on market

An official with German pharmaceutical giant Bayer said during a conference call recently that the company intends to put substantial resources into getting new drugs out on the market.

During a recent conference call with J.P. Morgan Global, Jörg Reinhardt, the CEO of Bayer’s Healthcare Division, said a productivity and efficiency effort at the corporation is expected to produce an estimated $430 million in annual savings, “significant parts” of which will go toward development and launches of products.

“…We could already this ...

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Report spotlights Bayer birth control controversy

The National, an English-language newspaper published in the United Arab Emirates, published an account on March 12 of the controversy surrounding birth control pills that contain the synthetic hormone drospirenone.

Such pills include Yasmin, Yaz, Ocella and Beyaz, manufactured by Bayer.

The report mentions the U.S. Food and Drug Administration panel that met in December to vote on whether the benefits of the medications outweigh the risks, and eventually voted 15-11 to keep the medications on the market.

But subsequent investigations by the ...

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Medical journalist warns of deceptive practices

Medical investigative journalist Jeanne Lenzer has written a piece for the Website Reporting on Health, warning consumers about the stealth advertising techniques that the healthcare industry frequently uses to promote its products.

According to Lenzer, public relations professionals representing the industry frequently pay physicians or other medical professionals to endorse products or services, under the guise of making an independent and unconditional recommendation.

Other tactics include paying professional or patient advocacy groups to make a certain endorsement, and even creating such groups, ...

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Costs keep women from using birth control devices

Devices such as IUDs are the most effective means of birth control, but few women use them because of the up-front costs, according to a story from the San Francisco Chronicle on Friday.

The story reports a wide range of costs for birth control among uninsured women, from $9 a month for generic pills to $90 a month for some newer brands. And getting a doctor to insert long-term devices such as IUDs can cost anywhere from $600 to $1,000.

According to ...

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Bayer expects more lawsuits, according to report

Bayer has about 11,300 lawsuits pending from “persons alleged to have suffered personal injuries, some of them fatal” as a result of using the birth control pills Yasmin, Beyaz, and Yaz and their generic versions. And the company is expecting even more.

That’s from Bayer’s annual report, assessing the company’s status for 2011. The report provides a summation of the legal troubles the company has been dealing with over its oral contraceptives, which according to the lawsuits, cause an increased risk ...

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Yaz maker Bayer bidding on pricey acquisition

According to Bloomberg, German corporation Bayer is bidding on Pfizer’s animal-health unit.

Bayer’s chief financial officer said last month that the company planned to cut its debt by $1.3 billion to give it more flexibility for a potential takeover.

According to the report, the Pfizer unit could fetch between $14 billion and $18 billion.

See the report here:

https://www.bloomberg.com/news/2012-03-07/bayer-is-said-to-consider-making-offer-for-pfizer-s-animal-health-division.html

Bayer is the manufacturer of Yaz, Yasmin, Beyaz, and Ocella — birth control pills that contain the compound drospirenone.

Those pills have served as the ...

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