Illegal Patents on Effexor Earned Wyeth/Pfizer Millions?

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by dysamoria | July 12, 2011 at 02:54 pm
199 views | 10 Recommendations | 2 comments

The federal government has reportedly filed a lawsuit against Pfizer, which now owns Wyeth, maker of the SSNRI drug called Effexor. The claim is that Pfizer/Wyeth made millions through monopolistic practices and lies.

Full story here: http://www.mercurynews.com/business/ci_18432434

UPDATE: My apologies on using "Billions" instead of "Millions" in the headline (corrected). That was an honest word-switch typo and not an attempt to hype the situation.

Quote

As part of the alleged scheme, Uniondale Chemists claims, Wyeth misrepresented studies by "fraudulently claiming clinical data showed that Wyeth's extended release version of venlafaxine hydrochloride, Effexor XR, reduced the incidence of nausea and vomiting associated with instant release Effexor."
HOLBROOK MOHR
Source: http://www.mercurynews.com/business/ci_18432434

Quote

Uniondale Chemists Inc., a retail pharmacy in Uniondale, N.Y., filed the lawsuit Tuesday in U.S. District Court in Mississippi against Wyeth LLC, which is now part of Pfizer Inc. The lawsuit claims the patent on Wyeth's Effexor expired in June 2008 and the drug maker fraudulently obtained three patents on extended-release versions.
HOLBROOK MOHR
Source: http://www.mercurynews.com/business/ci_18432434
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Most RecentMost Recommended Comments (2)

recommend This comment thread is now closed
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Jordan Yerman
Jordan Yerman

at 15:11 on July 12th, 2011

And, yes, this was the plot of The Fugitive... but, in real life, the drug in question is already on the market.

0
dysamoria
dysamoria

at 15:17 on July 12th, 2011

i would have dressed it with some kind of image but the NP image library tool isn't working for me at all. Again. Sigh.

This story was created over 3 months ago, the comment thread is now closed.

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Jordan Yerman
First Flagged at 3:11 PM, Jul 12, 2011 by Jordan Yerman

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