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According to Bloomberg, Pfizer has announced that it will begin decreasing the costs for its brand-name cholesterol drug Lipitor.
The news outlet reported that the medication, which is the highest-selling prescription drug in the U.S., would be available for $30 or less per month for some customers, which is only slightly more than what users pay for generic versions of the drug.
According to Bloomberg, Pfizer plans to offer the drug at a discounted cost through its website to people who do not have insurance or are covered by Medicare or Affordable Care Act exchange plans.
What Can I Do If Lipitor Has Injured Me?
While this may sound like good news for some, it makes us uneasy. Lipitor has been linked to Type 2 diabetes in women for several years now.
The drug is a HMG-CoA reductase inhibitor that works by preventing an enzyme in the liver from creating low-density lipids, and it has also been linked to cardiovascular disease.
Due to its risks, in 2011, the US Food and Drug Administration asked Pfizer to make labeling changes, which included words cautioning users about the potential for increased risks in glucose levels.
People should not have to suffer because a drug manufacturer is attempting to sell more products and generate more revenue. Diabetes causes multiple debilitating effects, and can greatly reduce someone’s life expectancy.
If you suffer from diabetes because you took Lipitor, contact our drug injury attorneys today.
Zoll, Kranz & Borgess, LLC – Lipitor attorneys
Source: http://www.businessweek.com/ap/2014-06-02/new-pfizer-discount-keeps-brand-name-lipitor-cheap
Michelle is a founding partner of Zoll & Kranz, located in Toledo, Ohio. Michelle has been a plaintiff’s lawyer for the entirety of her practice – over 32 years. She devotes the majority of her time to complex consolidated litigation and class action including advocating for people injured by medical devices, prescription medications, or corporate negligence.
This article has been written and reviewed for legal accuracy and clarity by the team of writers and attorneys at Zoll & Kranz, LLC and is as accurate as possible. This content should not be taken as legal advice from an attorney. If you would like to learn more about our owner and experienced Ohio injury lawyer, Michelle L. Kranz, you can do so here.
Zoll & Kranz, LLC does everything possible to make sure the information in this article is up to date and accurate. If you need specific legal advice about your case, contact us. This article should not be taken as advice from an attorney.
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