Eli Lilly, the drug company, is expected to agree as soon as Thursday to pay $1.4 billion to settle criminal and civil charges that it illegally marketed its blockbuster antipsychotic drug Zyprexa for unauthorized use in patients particularly vulnerable to its risky side effects.
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Today's Business: Gardiner Harris on the Eli Lilly SettlementDetails of the agreement were provided by people involved in the negotiations.
Among the charges, Lilly has been accused of a scheme stretching for years to persuade doctors to prescribe Zyprexa to two categories of patients — children and the elderly — for whom the drug was not federally approved and in whom its use was especially risky.
In one marketing effort, the company urged geriatricians to use Zyprexa to sedate unruly nursing home patients so as to reduce “nursing time and effort,” according to court documents. Like other antipsychotic drugs, Zyprexa increases the risks of sudden death, heart failure and life-threatening infections like pneumonia in elderly patients with dementia-related psychosis.
1 comment:
Zyprexa claims being stonewalled
Where is the $1.42 billion Eli Lily Zyprexa settlement going as many victim claimants haven't been paid yet? It's the largest pharma-fraud-whistleblower case in US history.
Eli Lilly, the Indy-based pharmaceutical company pleads guilty to promoting Zyprexa for unapproved uses and is slapped with $1.4 billion criminal fine, the largest ever placed on a U.S. company.
Eli Lilly promotes sales of their #1 drug (Zyprexa $4.8 billion per year) that can *cause* diabetes and then turns around and makes billions selling more drugs to treat the diabetes.
Eli Lilly's # 1 cash cow Zyprexa has been over-prescribed and linked to a 10-times greater risk of causing type #2 diabetes and increased risk of heart attack.
They have three certified letters from me substantiating my claim. I am a classic case for compensation having taken the stuff for four years (for off-label PTSD). I paid thousands of dollars out of my own pocket in co-payments for the Zyprexa which gave me sudden onset diabetes in 2000 with a deadly A1C of 14.2 all documented at my site.
Eli Lilly has up to 250 lawyers just on their payroll in Indy; they have NEVER contacted me except in 2005 to get a release of my medical records. My doctor says, (get this) they never contacted him to verify the information.
There must be millions out there harmed by this drug.
Daniel Haszard http://www.zyprexa-victims.com
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