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drug_recall drug_companyAbbott Laboratories
Abbott Laboratories is a pharmaceutical and health care company headquartered in Abbott Park, IL, near Chicago. In 2001 Abbott bought the company Knoll, the pharmaceutical branch of BASF. Abbott Laboratories has about 56,000 employees and has offices and locations in 130 countries around the world.
In 2003 Abbott raised the price of their drug Norvir from $1.71 per day to $8.57 per day, causing a national outrage. Congress members publicly decried the increase, saying that the company received millions of dollars in taxpayer grants for developing the drug. A petition to override Abbott''s patent on Norvir was refused by the company in 2004.
Some Notable Drugs Made by Abbott Include:
Depakote (divalproex sodium) – A prescription anticonvulsant and mood-stabilizer used in treating epilepsy, bipolar disorder, migraines, and schizophrenia. The drug is known as Epival in Canada and Epilim in the UK and Australia. Depakote is linked to a large host of side effects including cognitive dysfunction, Parkinsonian syndrome, brain damage, impaired liver function, jaundice, thrombosytopenia, and placental damage in pregnant women. Several hepatitis cases have also been reported in patients taking Depakote.
Meridia (sibutramine) – A drug used in treating obesity. Meridia is related to the drug family that includes amphetamines, methamphetamines, and phentermines. Meridia is considered a Schedule IV controlled substance in the US. It is suspected of causing several deaths, heart failures, renal failures and gastrointestinal problems. The Senate heard a case to ban the drug in 2005 but the FDA has taken no additional steps to do so.
If you have experienced side effects, please contact a Defective Drugs Breaking News
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