Propecia, also known by its active ingredient, Finasteride, was originally developed by Merck as a treatment for enlarged prostate. The FDA approved Proscar (5 mg) in 1992 for the treatment of benign prostate hyperplasia, and Propecia (1 mg) in...
Civil Trial against Merck, Maker of Fosamax, Underway
The New York Times reports that a civil trial against Merck, the maker of Fosamax, is currently underway. Judith Graves, 67, developed a condition known as “jawbone death” after taking the prescription drug that is...
U.S. Drugmakers Have Paid $8 Billion in Fraud Fines
The nation’s largest pharmaceutical companies have paid at least $8 billion in fines for repeatedly defrauding Medicare and Medicaid for the past ten years. However, due to the fact that these pharmaceutical companies are the sole suppliers of...