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Healthy Skepticism Library item: 18422

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

Elan to Settle Zonegran Investigation for $204 Million
Bloomberg Businessweek 2010 July 15
http://www.businessweek.com/ap/financialnews/D9GVOKB83.htm


Full text:

Irish drugmaker Elan Corp. PLC said Thursday it agreed to pay $203.5 million to settle investigations into sales and marketing practices related to the epilepsy drug Zonegran.

Elan’s U.S. division Elan Pharmaceuticals Inc. expects to plead guilty to a misdemeanor violation of the Food, Drug and Cosmetic Act, the company said. If the settlement is approved, Elan said it would resolve all federal and state Medicaid claims into the marketing of Zonegran. The company said it is setting aside $206.3 million to cover the settlement and related costs.

Elan said it came to terms with the U.S. Attorney’s Office for the District of Massachusetts.

In January 2006, Elan disclosed that the U.S. Department of Justice and the Department of Health and Human Services were looking into its marketing practices for Zonegran.

Zonegran, or zonisamide, was developed by Dainippon Pharmaceutical Co. The Food and Drug Administration approved the drug in 2000. Elan had the rights to Zonegran in North America and Europe. It sold the product to Japanese drugmaker Eisai Co. in 2004 for up to $223.5 million.

U.S. shares of Elan slipped 21 cents, or 4 percent, to close at $5.08.

 

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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