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Healthy Skepticism Library item: 15383

Warning: This library includes all items relevant to health product marketing that we are aware of regardless of quality. Often we do not agree with all or part of the contents.

 

Publication type: news

Nathan VL.
UPDATE 1-Par Pharma gets subpoena on unit's promotional practice
Reuters 2009 Mar 27
http://www.reuters.com/article/rbssHealthcareNews/idUSBNG39708120090327


Full text:

  • Says DoJ probing promotional practices for Megace
  • Says company intends to cooperate with DoJ Par Pharmaceutical Cos Inc (PRX.N) said the United States Department of Justice is currently investigating promotional practices of its unit in the sales of its appetite-stimulant Megace.

In a regulatory filing, the company said it received a subpoena from the department, requesting documents related to Megace, and it intended to fully cooperate with the inquiry.

Megace is a brand name product of Strativa Pharmaceuticals, a division of its unit.

Shares of the Woodcliff Lake, New Jersey-based company closed down 12 percent at $9.85 Friday on the New York Stock Exchange.

 

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Far too large a section of the treatment of disease is to-day controlled by the big manufacturing pharmacists, who have enslaved us in a plausible pseudo-science...
The blind faith which some men have in medicines illustrates too often the greatest of all human capacities - the capacity for self deception...
Some one will say, Is this all your science has to tell us? Is this the outcome of decades of good clinical work, of patient study of the disease, of anxious trial in such good faith of so many drugs? Give us back the childlike trust of the fathers in antimony and in the lancet rather than this cold nihilism. Not at all! Let us accept the truth, however unpleasant it may be, and with the death rate staring us in the face, let us not be deceived with vain fancies...
we need a stern, iconoclastic spirit which leads, not to nihilism, but to an active skepticism - not the passive skepticism, born of despair, but the active skepticism born of a knowledge that recognizes its limitations and knows full well that only in this attitude of mind can true progress be made.
- William Osler 1909