Posts Tagged 'Pfizer'

Pfizer Fails to Get 50 Lipitor Lawsuits Dismissed

pfizer fails to dismiss lipitor lawsuitsPfizer recently tried to have 94 Lipitor lawsuits dismissed in the South Carolina Lipitor multidistrict litigation. While 44 of these were successfully removed from litigation, the district court denied Pfizer’s attempt to dismiss 50 more on the grounds of unfulfilled discovery obligations.

The Lipitor lawsuits in question are part of MDL 2502, which includes more than 2,000 Lipitor lawsuits. The multidistrict litigation was centralized in the U.S. District Court for the ...

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Scientist Warned Pfizer of Possible Link between Zoloft and Birth Defects

scientist warned pfizer of zoloft birth defect risksAccording to Bloomberg, a Pfizer, Inc., report made public recently shows that a scientist warned the pharmaceutical giant that its antidepressant drug Zoloft may increase the risk of birth defects when taken by pregnant women. The scientist evidently suggested that Pfizer revise Zoloft’s safety warning to reflect this potential link. Experts are already anticipating how this new information will affect Zoloft birth defect lawsuits.

Zoloft belongs to a ...

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Pfizer Settles Lawsuits over Dopamine Drugs

pfizer settles dopamine lawsuitsThe pharmaceutical giant Pfizer has settled a class-action lawsuit claiming the company did not adequately warn patients of the potential health risks posed by its dopamine drugs Cabaser and Dostinex. According to the FiercePharma article, Pfizer reached a multi-million dollar confidential settlement with 172 patients in an Australian court.

Plaintiffs in the class-action lawsuit claimed that Pfizer’s Cabaser and Dostinex caused them to develop previously nonexistent addictions to activities such ...

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Viagra Sales Up 47% in China

viagra sales up despite link to deadly skin cancerAccording to The Independent, sales of Pfizer, Inc.’s erectile dysfunction (ED) drug Viagra rose 47 percent last year in China. The spike in regional profits comes at a time when Viagra’s global sales are falling due to patent loss and competition from other pharmaceutical giants, like Eli Lilly & Co.

Viagra has been linked in studies to an increased risk of melanoma, a dangerous type of skin ...

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Pfizer Accused of Knowing Zoloft Posed Risk of Birth Defects

pfizer may have known about zoloft birth defectsThe first of over 1,000 Zoloft birth defect lawsuits has gone to trial, and a lawyer has provided evidence that Pfizer researchers concluded that women who take Zoloft while pregnant risk giving birth to children with heart defects. According to Bloomberg, the evidence is contained in a May 2014 internal report on Zoloft, in which the babies of women taking the drug were found to be at ...

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Pfizer CEO’s Pay Rises 23%

pfizer ceo paid millions despite lipitor lawsuitsPfizer Chief Executive Ian Read’s total pay rose 23 percent last year, a Wall Street Journal article reports. Read’s total pay package for 2014 was $23.3 million. The pay increase comes after Pfizer’s board declared Read’s leadership last year to be “outstanding.”

Despite the board’s praise, 2014 was hardly a trouble-free year for the New York–based company. As in previous years, Lipitor lawsuits continued to accumulate against Pfizer. These ...

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