Pfizer Sued For False Lipitor Claims
October 13, 2005
The pharmaceutical company Pfizer is being sued. Health-care advocates Community Catalyst say that Pfizer lied to women and seniors when they claimed that Lipitor would reduce their risk of having a heart attack.
Community Catalyst argued that the drug not only didn't work, but that it might even be putting those who used it in danger.
The case used a recent study of 2,000 women as evidence. The study found that women who took Lipitor ran a 10 percent higher risk of heart attacks than those who took a placebo.
Pfizer sold almost $11 billion worth of Lipitor last year. The company's stock value has recently gone up following the announcement that Lipitor had been approved for reducing stroke and heart attack risks among diabetics.