Chantix Side Effects Continue to Cause Sales to Fall
According to Pfizer’s third-quarter earnings statement, Chantix side effects have clearly had an impact on doctors’ and patients’ use of the drug. While Chantix was once thought to be the next great blockbuster medication for Pfizer, sales have plummeted on concerns that it increases the risk of suicide, suicide attempts, unusual behavior, and possibly even diabetes.
During the third quarter of this year, Pfizer reported sales of $96 million in the United States, which is a 50% drop from the same quarter in 2007, before information about the risk of Chantix suicides was added to the drug’s warning label.
Chantix is a relatively new drug, which received FDA approval in 2006 as a prescription treatment to help people quit smoking. Towards the end of last year, less than two years after it was first introduced by Pfizer, concerns began to emerge about the side effects of Chantix, when a number of adverse events were reported about users committing suicide, having suicidal thoughts and unusual aggressive behavior.
Pfizer first added this information to the warning label in November 2007, and the FDA mandated a “black box” warning in May 2008 about the suicide risk. Concerns have also emerged about the possibility of new-onset diabetes associated with Chantix.
According to an independent report from the non-profit Institute for Same Medication Practices, within two years of its approval, Chantix was associated with more adverse event reports than any other medication, including drugs like fentanyl, oxycodone and other drugs used for serious illnesses.
CHANTIX SIDE EFFECT LAWSUITS
The Chantix lawyers at Saiontz & Kirk, P.A. represent individuals throughout the United States who are pursuing lawsuits as a result of serious and fatal injuries associated with the use of Chantix. While many drugs carry dangerous side effects, Pfizer failed to disclose the risks of using Chantix, and continue to provide inadequate warning.
If information about the dangers of Chantix had been adequately disclosed, most individuals who are looking to quit smoking to improve their health and prolong their life, would have elected to take other drugs. This is clearly evidenced by the sharp fall in sales, and the continued reluctance of doctors and patients to choose this drug.
If you, a friend or family member have committed suicide, suffered a severe injury from a suicide attempt or been diagnosed with diabetes, request a free Chantix lawsuit evaluation.