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drug_recall drug_companyWyeth
Wyeth, formerly known as American Home Products, is one of the top pharmaceutical producing companies in the world. Their headquarters are located in New Jersey, but they have offices and smaller companies located throughout the world. Some of their most popular and widely known products include:
- Advil brand ibuprofen
- Centrum vitamins
- Robitussin cough medicine
- prescription medications such as Premarin and Effexor
Premarin and Effexor account for over $1 billion in sales annually.
In January of 2005 Wyeth announced for the fourth time that their earnings would be lower than expected due to lawsuits filed against the company over its diet drug known as “fen phen.” Their statement to the business community noted that they needed to put aside more revenue in order to cover any liability due to former users of the drug.
In July of 2001 Wyeth, then known as American Home Products, paid out $2.5 million to the US Treasury Department over charges of dealing with Colombian drug traffickers. The charges stemmed from Wyeth''s operations in the country of Colombia and the drug company''s involvement in doing business with “Specially Designated Narcotics Traffickers” according to the US Treasury Department''s website.
Some of the drugs Wyeth has manufactured include:
Fen Phen – A prescription based combination drug of Pondimin (fenfluramine) and Redux (dexfenfluramine) that were taken off of the market in 1997 after several deaths and related health problems caused by the drugs. The drugs were found to cause valvular heart disease (VHD) and were related to several deaths. Since the drug''s negative effects continue to occur even after stopping them, anyone who has ever taken Fen Phen or any of its components may be at risk for developing serious life-threatening health problems.
Premarin (including Prempro, Premphase, Prempac, and Premelle) – A prescription hormone replacement therapy made from pregnant mare''s (female horse''s) urine. Hormone replacement therapy was found in 2002 to be directly linked with an increase in rates of breast cancer, heart attacks and other medical problems in women. Animal rights groups have voiced concern over the company''s methods of obtaining the samples and living conditions of the animals as well. Premarin continues to be the most prescribed estrogen replacement drug in the industry.
Effexor (Venlafaxine hydrochloride) – A prescription drug used in treating symptoms of depression, generalized anxiety disorder, and social anxiety disorder. Effexor has side effects that may actually increase depressive behavior, particularly in younger people. Many similarly acting anti-depressants have been lately linked to increased suicide risks and other behavioral problems. Effexor has also been seen to cause mania, rapid cycling, and even psychosis in bipolar patients taking the medication.
Norplant – An implantable contraceptive patch that feeds the hormone progestin into the blood. Norplant has been banned for use in the United States due to severe side effects, including death, associated with it. Norplant is still available in other countries, however. Norplant was taken off of the market in the US in 2002 but some women still have the implant in their bodies, as it was meant to last for five years per implantation.
If you have experienced side effects, please contact a Fen Phen lawyer to learn more about your legal rights.
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