Word: prevacid
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Dates: during 2004-2004
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...president of TAP Pharmaceutical Products, Watkins, 51, proved his mettle as both master marketer and manager. Not only did he help turn its antacid Prevacid into a $3.2 billion über-blockbuster and double the company's annual revenues, to $4 billion; he also helped the firm clean up its act after it paid $875 million in fines and civil penalties in 2001, in part for bribing doctors to prescribe one of its drugs. Now as the new CEO of Human Genome Sciences, in Rockville, Md., Watkins has taken on a different challenge. Since HGS was founded...
Taking Nexium, Prevacid or Prilosec--the so-called proton-pump inhibitors widely prescribed for heartburn--can keep acid-reflux disease in check. But a study in the Journal of the American Medical Association says they may put you at risk for pneumonia. Dutch researchers studied more than 360,000 patients and found that users of the powerful acid-fighting drugs were 89% more likely to develop pneumonia than people who no longer took them. Less potent acid reducers such as Pepcid and Tagamet also raised the risk of pneumonia, by 63%. Doctors say such drugs are so good at knocking...
...drugs in Ireland, largely because of tax incentives. Pfizer's Lipitor for cholesterol, the largest-selling drug in the world, is made in Ireland. So too is Viagra, for erectile dysfunction. AstraZeneca's Nexium, for heartburn and acid reflux, comes from Sweden, France and other countries. TAP Pharmaceutical Products' Prevacid, another brand prescribed for heartburn and acid reflux, comes from Japan. Because of the rapid rise in drug imports, especially from Ireland, Britain and Germany, the U.S. balance of trade in pharmaceuticals has tipped sharply into deficit. During the early 1990s, according to the U.S. International Trade Commission, imports...
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