Zyprexa, the best- selling schizophrenia remedy from Eli Lilly & Co., with $4.2 billion in sales last year.
Zyprexa was the best-selling schizophrenia treatment in the second-quarter and had the sixth-highest sales of any prescription drug worldwide, bringing in $1.1 billon in the quarter
Should you take Eli Lilly ZYPREXA? What are the Risk?
Zyprexa (Olanzapine) is Lilly's largest seller. It used to be the first-place atypical antipsychotic in the U.S. but has dropped to third. This is probably because doctors and patients have learned, through the NIH CATIE study and through thousands of lawsuits, that it has the most dangerous side effects of all the drugs in its class. It causes diabetes, hyperglycemia, and death. 8000 plaintiffs settled with Lilly in 2005 and are still waiting for payment.
Many states have sued Lilly for alleged fraud, for not revealing its side effects, and for compensation to their state's Medicaid programs for the costs of the drug as well as the costs involved in caring for people who got such conditions as diabetes from the drug. Lilly has also been charged with alleged fraud in off-label marketing of the drug for children.
Many individual lawsuits remain outstanding and will begin to be heard once the 8000 plaintiff suit has been finalized. Lilly states that it will "vigously defend" itself against these individual lawsuits, but a number of them are for death allegedly caused by this drug
Daniel Haszard Bangor Maine
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