A nationwide class action lawsuit was filed today against Pfizer Inc., alleging the world’s largest drug company devised a promotional scheme to boost sales of its anti-cholesterol drug Lipitor by misleading women and seniors about the link between the drug and heart disease.
The lawsuit, filed in the U.S. District Court in Boston, alleges that Pfizer […]

Pfizer, the world’s biggest drugs company, said it has filed a lawsuit against the operator of look4generics.com, an Internet distributor of generic drugs, for selling an “unapproved copy” of the cholesterol drug Lipitor.
The Lipitor copy is marketed as Storvas. The site claims the copy is made by Ranbaxy Pharmaceuticals, India’s largest pharmaceutical company.
The Lawsuit, filed […]

The Food and Drug Administration (FDA) today announced that Albers Medical Distributors, Inc., has voluntarily recalled three lots of 90-count bottles of the cholesterol-lowering drug Lipitor and is warning healthcare providers and others that these three lots of counterfeit Lipitor represent a potentially significant risk to consumers. The product was repackaged by Med-Pro, Inc., of […]

WASHINGTON — Pfizer Inc. has agreed to pay $49 million to settle charges that subsidiary Parke-Davis Labs defrauded Medicaid by overcharging for Lipitor, the Justice Department said. Lipitor is a cholesterol-lowering drug and was the world’s top-selling drug in 2001 with sales of $6.45 billion.
Medicaid, the state-federal health insurance program for the poor, requires […]