Wyeth (Just purchased by Pfizer for a whopping $68 Billion) is, well...screwed. Reports have surfaced today in the New York Times that claim Wyeth has been paying "Ghostwriters" to basically write articles for scientific journals saying how great Wyeth-produced horomones are. I guess thats not a big deal, except for the fact that, well, thats kind of a conflict of interest. Not to mention kind of illegal. Oh and did I mention that Wyeth has been caught up in a class action lawsuit? By whom you may be asking? Well, by the 8000 women who used Wyeth horomones such as Premarin and Prempro and said it made them sick. Well see how this is going to pan out, and maybe the allegations are un-founded, but my guess is that Wyeth is going to eat it on this one. [NYT Article Link]
Wednesday, August 5, 2009
Wyeth Under Fire
Wyeth (Just purchased by Pfizer for a whopping $68 Billion) is, well...screwed. Reports have surfaced today in the New York Times that claim Wyeth has been paying "Ghostwriters" to basically write articles for scientific journals saying how great Wyeth-produced horomones are. I guess thats not a big deal, except for the fact that, well, thats kind of a conflict of interest. Not to mention kind of illegal. Oh and did I mention that Wyeth has been caught up in a class action lawsuit? By whom you may be asking? Well, by the 8000 women who used Wyeth horomones such as Premarin and Prempro and said it made them sick. Well see how this is going to pan out, and maybe the allegations are un-founded, but my guess is that Wyeth is going to eat it on this one. [NYT Article Link]
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