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February 19, 2009

Broward County Jury Awards $8 Million to Smoker's Widow

On February 18, 2009, a Broward County jury ordered Philip Morris to pay $8 million to Elaine Hess, the widow of a smoker who died of lung cancer due to his addiction to nicotine that caused him to chain smoke two packs of cigarettes daily for decades. In apportioning fault for Stuart Hess’ death, the jury found him 58% responsible and Phillip...

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February 10, 2009

New England Journal of Medicine study confirms HRT breast cancer link

New study findings published in the New England Journal of Medicine on February 5, 2009, supports the theory that the decline in U.S. breast cancer rates is largely related to a decrease in combined hormone therapy use among postmenopausal women and was unrelated to changes in frequency of mammography.  The study indicated that women on hormones...

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January 26, 2009

Pfizer Agrees to Buy Wyeth for $68 Billion

Marking the largest pharmaceutical acquisition in nearly a decade, Pfizer, Inc., the world’s largest drug manufacturer announced today it will buy Wyeth for about $68 billion in a cash and stock acquisition valued at $50.19 per share. The deal happened as New York-based Pfizer is facing a host of issues including the expected loss of $13 billion...

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January 25, 2009

Criticism Mounts over Digitek Recall

The Institute for Safe Medicine Practices (ISMP) Quarter Watch, a monitoring program that evaluates serious Adverse Event Reports submitted to the FDA, published a critical report on January 15, 2009, illustrating how the April 2008 Digitek (digoxin) recall was mishandled by the FDA and the drug manufacturer Actavis. Although the April 2008 recall...

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