Pfizer Inc., the world’s largest drug maker, said Tuesday that a review of its impotence drug Viagra found no evidence of increased risk of blindness among patients taking the drug.
“After more than 10 years of rigorous clinical study and worldwide safety monitoring of a medicine used by more than 27 million men, there is no [...]

Visa, MasterCard, Bank of America, Citibank, Bank One, Chase Manhattan Bank, JPMorgan Chase, Fleet Bank, CapitalOne and other major banks have been named as defendants in an antitrust class action filed on behalf of a group of small businesses alleging the banks illegally fix the price of credit card transaction fees.
The lawsuit, filed by the [...]

A class action lawsuit was filed against Guidant Corp on behalf of patients implanted with malfunctioning defibrillators made by the company. The devices were recalled after they failed to work properly.
The devices recalled include the VENTAK PRIZM 2DR (Model 1861), the CONTAK RENEWAL (Models H135 and H155) and the VENTAK PRIZM AVT, VITALITY AVT, and [...]

Food and Drug Administration announced a few weeks ago that it is notifying health care providers and patients that the Guidant Corporation is recalling certain of its implantable defibrillators and cardiac resynchronization therapy defibrillators. These devices can develop an internal short circuit without warning, resulting in failure to deliver a shock when needed.
The defibrillators affected [...]

Forty million credit cards of all brands might have been exposed to fraud through a security breach at a third-party payment processing company, MasterCard International reported Friday in a statement. About 13.9 million of the potentially exposed cards are MasterCard-branded cards.
MasterCard said its team of security experts identified that the breach occurred at Arizona-based CardSystems [...]

Eli Lilly & Co. said it has agreed to pay $690 million to settle about 8,000 Zyprexa lawsuits pending in the United States, over its alleged failure to provide adequate warning that the drug could increase a patients’ risk for developing diabetes.
“While we believe the claims are without merit, we took this difficult step because [...]

A lawsuit was filed against Pfizer Inc. on behalf a Texas man who claims he suffered blindness after taking its erectile dysfunction drug Viagra, Reuters reported last week.
In May, the Food and Drug Administration said it was examining rare reports of partial vision loss in some men taking impotence drugs Viagra and rival drug Cialis [...]

The U.S. House of Representatives approved Wednesday a bill that would put an end to conflicts of interest on Food and Drug Administration advisory panels.
The amendment, introduced by Congressman Maurice Hinchey (D-NY), helps ensure the scientists and doctors recommending drug approvals have no financial stake in the matter.
�Passage of this amendment to end conflicts-of-interest is [...]

Children growing up around farms face increased risk from exposure to hazardous pesticides, according to a lawsuit filed Tuesday against the U.S. Environmental Protection Agency. In the United States, more than a million children of farm workers live near farms, including more than 300,000 farmers� children under the age of six live on farms who [...]

A box of computer tapes containing personal information on 3.9 million customers of CitiFinancial was lost recently by United Parcel Service, while in transit to a credit bureau, Citigroup said Monday. CitiFinancial, the consumer finance subsidiary of Citigroup, has begun mailing a letter to all customers affected by the breach in security.
The tapes contained names, [...]