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Added April 13th, 2006

The pharmaceutical giant that has manufactured drugs such as the cox-2 inhibitor Bextra is facing a class action lawsuit filed by health insurance managers. The lawsuit relates to a medication manufactured by the drug company, which is prescribed for the treatment of high blood cholesterol levels.
The lawsuit has been filed by health insurance managers and was filed in New Jersey. The suit alleges that the drug Lipitor, which is a high cholesterol medication manufactured by Pfizer, is being marketed for uses other than those that have been approved by the US Food and Drugs Administration.
The drug company being accused of these fraudulent actions is one of the worlds biggest, and the drug that the case relates to is a best selling one. Because of this alleged marketing for other uses, health insurance managers state that they have had pay out billions of dollars for Lipitor prescriptions that were not justified for proper use.
A lawyer for the health care managers stated: "Once you connect the dots and see the elaborate sophistication and reach of Pfizer's plan to go way beyond the federally mandated guidelines for prescribing Lipitor, there is no other way to describe it except as a fraudulent scheme, whose true purpose has been to extract illegal payments from third-party payers for Lipitor's off-label use."

Pfizer Faces Class... | Printable Version (Opens In New Window)