Eli Lilly Zyprexa scandal
August 22, 2008 12:58 pm Antipsychotic, Big Pharma, Bipolar, Eli Lilly, FDA, Fraud, Psychiatry, Schizophrenia, Zyprexa, unhappy patientsSubmitted by DannyHaszard on August 22, 2008 - 12:33pm.
Eli Lilly sells a drug that can cause diabetes and then turn a profit on the drugs that treat the condition that they may have caused in the first place! Zyprexa is the product name for Olanzapine,it is Lilly’s top selling drug.It was approved by the FDA in 1996 ,an ‘atypical’ antipsychotic a newer class of drugs without the motor side effects of the older Thorazine.
Zyprexa has been linked to causing diabetes and pancreatitis. Zyprexa, which is used for the treatment of psychiatric disorders, such as schizophrenia and bipolar disorder, accounted for 32% of Eli Lilly’s $14.6 billion revenue last year.Did you know that Lilly made nearly $3 billion last year on diabetic meds, Actos,Humulin and Byetta? Yes! They sell a drug that can cause diabetes and then turn a profit on the drugs that treat the condition that they may have caused in the first place!
Where Eli Lilly’s negligence comes in,is their KNOWING and not informing consumers (black box warning) until the FDA demanded it. Lilly’s incentive not to readily disclose is they had billions coming in from state medicaid scripts.
Daniel Haszard http://www.zyprexa-victims.com