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Warner Lambert
Warner-Lambert was a pharmaceutical company located in Morris Plains, New Jersey. Parke-Davis was another pharmaceutical company that used to be a subsidiary of Warner-Lambert.
In 2000, following a 3-month takeover fight with rival drugmaker American Home Products Corp. (now Wyeth ), Pfizer bought Warner-Lambert/Parke-Davis for about $90 billion in stock, forming the largest drug company in the US and second in the world behind GlaxoSmithKline .
Pfizer created their own headquarters in Warner-Lambert''s old headquarters in New Jersey. The buyout by Pfizer was primarily fueled by interest in Warner-Lambert''s blockbuster cholesterol lowering drug Lipitor.
Drugs Warner-Lambert were responsible for included:
Rezulin (troglitazone) - The drug Rezulin was introduced on the market in 1997 for treatment of diabetes. Soon after the drug was approved reports of liver failures and other health related problems arose. Following an intense investigation led by Dr. Robert Misbin of the FDA, the drug Rezulin was seen to cause serious liver problems and drug-induced hepatitis. The drug was withdrawn from the market in 2000 but its effects may still linger in those who have taken it.
If you have experienced side effects, please contact a Rezulin lawyer to learn more about your legal rights.
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Drug giant Eli Lilly and Co., manufacturer of such blockbuster drugs as Prozac and Zyprexa have pled guilty to a misdemeanor charge as a part of a legal settlement with the US government. The US charged that Eli Lilly had been marketing its drug Evista...
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