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01 Feb 2012 10:08

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Biz: Pfizer recalls one million birth control packets over packaging error

  • An investigation by Pfizer found that some blister packs may contain an inexact count of inert or active ingredient tablets and that the tablets may be out of sequence. As a result of this packaging error, the daily regimen for these oral contraceptives may be incorrect and could leave women without adequate contraception, and at risk for unintended pregnancy.
  • A statement from Pfizer • Discussing their recall of one million packets of birth control medication. Phrases you don’t want to see in a story about a recall of birth-control medication: “At risk for unintended pregnancy.” The problem, described by the company as a “mechanical and operator visual inspection systems failure on the packaging line,” has reportedly been corrected already. But yeah, that’s kind of a big mistake. source

05 Apr 2010 23:03

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Biz: Suffer, or not: U.S. gives Toyota a fine so harsh, they won’t feel it

  • $16.4
    million
    the size of Toyota’s fine due to the brake pad recalls they had; it’s the largest auto fine ever given
  • $2.3
    billion
    the amount Pfizer had to pay for a similar regulatory fine due to faulty marketing practices source

03 Apr 2010 10:08

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Biz: Like big financial companies, Pfizer designated too big to fail

Pfizer marketed painkiller Bextra for use after surgeries, despite the FDA not approving it for that. But when push came to shove, the Feds didn’t go for the kill. source

02 Sep 2009 21:18

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Biz, U.S.: Lucky bastard: The Pfizer case whistleblower got a big payday

  • We’re going to be staying right here in San Antonio in the same house, and my wife tells me when we go to the movies we’re still getting one tub of popcorn – the large tub.
  • Former Pfizer pharmaceutical rep John Kopchinski • On the massive payday he won as whistleblower in the legal battle against his former employer. Dude made a cool $51.5 million, which is about as good as winning the lottery, even though it took longer – six years, in Kopchinski’s case. • source

02 Sep 2009 20:58

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Biz, U.S.: We wish we had a 1% of this Pfizer fine in our bank account

  • $2.3 billion for wining and dining (and influencing) doctors source

02 Sep 2009 10:28

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Biz: There’s no cure for cancer, but drugmakers sure want to find it

Drug companies like Pfizer – which has little history with cancer drugs – are throwing lots of money at the cancer problem right now. It’s a big risk. source

26 Jan 2009 10:16

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Biz: Pfizer and Wyeth; two weird names, one massive drug company

  • $68 billion, the amount Pfizer is paying to buy Wyeth source