Pharma's Market
SPECIAL REPORT
MOST SHARED
- The 'Real' Jobless Rate: 17.5% Of Workers Are Unemployed
- Wave of Debt Payments Facing US Government
- Why Amazon Rules Retail
- HP Comes in As Expected; Is It Time to Buy?
- JAL Slides to Record Low on Bankruptcy Jitters
- Paul: Audit the Fed
- Hewlett-Packard Profit Rises, Matches Guidance
- Prepare For Large Decline In Stocks, Next Year?
- The Social Media Gaming Threat
- Holiday Travel Outlook
- Can Murdoch Help Bing Challenge Google and Shift the Content Equation?
- HP's Mark Hurd
- HP Comes in As Expected; Is It Time to Buy?
- 9 Stocks That Play Rising Water Costs: Strategists
- Weis' Deal Likely Won't Change Big Money Contracts
- Gold Prices Can Double in 3 Years: Portfolio Manager
- Nov. 23: Unusual Volume Leaders
- Help Wanted—Please Run $4 Billion University
- Apple Comes to AT&T's Rescue
- Obama says Boosting US Jobs is Top Priority
- More Consumers Giving 'Black Friday' the Cold Shoulder
- Prepare For Large Decline In Stocks, Next Year?
- Hewlett-Packard Earnings Rise, Match Guidance
- HP Comes in As Expected; Is It Time to Buy?
- Cramer: What Monday’s Housing Number Really Means
- Why the Dollar Will Likely Stay Weak for Some Time
- Bear, Lehman Execs Weren't Wiped Out by Crisis: Study
- How Real Estate Investors Skew Housing's Reality
PHARMA'S MARKET VIDEO
Cholesterol Drug Battle: Niaspan vs. Zetia 
16 Nov 2009
Cardiologist Grades Cholesterol Drug Study 16 Nov 2009
Merck's Cholesterol Drugs Under Pressure 16 Nov 2009
Cholesterol Drug Battle: Merck vs. Abbott Labs 16 Nov 2009
Cholesterol Drug Battle 16 Nov 2009
Novo Nordisk CEO on Diabetes Epidemic 13 Nov 2009
RSS FEED
Text Size 
Reporter
I’m writing this entry pretty straightforward and matter of factly for obvious reasons, I think.
The Food and Drug Administration today announced that Teva Pharmaceutical Industries [TEVA
Loading...
()
] is voluntarily recalling two lots of the anesthetic Propofol because there are higher levels of potentially fatal endotoxins.
The FDA announcement includes a link to a Teva press release dated yesterday. But the last press release posted in Teva’s “Media Room” on its website is dated July 13th.
 |
AP |
Propofol is the same drug that was reportedly found in Michael Jackson’s house.
Teva spokesperson Denise Bradley told me the Drug Enforcement Administration has contacted the company about one specific lot.
She couldn’t say why.
However, she also said that the two lots the company is recalling do not include the one lot the DEA asked about.
The FDA and Teva say they’ve received reports of 41 people in Arizona, Florida and Missouri who had a negative reaction to the drug after surgery. There are no reports of deaths. The nearly 58,000 vials in the two lots were reportedly filled at a plant in Southern California. If the drug were found in Jackson’s house, authorities can presumably trace where it came from.
Shares of TEVA, the world’s biggest generic drug company (it also makes brand-name products), were down today, but closed off of their intra-day lows.
Questions? Comments? and follow me on Twitter at mhuckman
Data is a real-time snapshot *Data is delayed at least 15 minutes