Eli Lilly and Company
is a global pharmaceutical
company and one of the world's largest corporations. Eli Lilly
's global headquarters is located in Indianapolis
, in the United States
. The company was founded in 1876 by a pharmaceutical chemist
, Eli Lilly
, for which the company was ultimately named.
Eli Lilly and Company has been involved in numerous controversies, including those involving politics and medical ethics
While bringing many good pharmaceuticals to market, Eli Lilly has been found to push products to the marketplace with bad research, withhold research to the public and falsely advertise it's products.
Lilly was cited in lawsuits filed against the manufacturers of diethylstilbestrol
(DES), a drug prescribed to women in the 1940s and 1950s to prevent miscarriages. The company was ordered to pay $400,000 in damages from DES even though the complications that developed were not known at the time.
Oraflex, the American version of Benoxaprofen
, was withdrawn from the market in 1982, just one month after gaining FDA approval. A British medical journal found five cases of death due to jaundice
in patients taking the drug and the FDA accused Lilly of suppressing unfavorable research findings. In 1985, the U.S. Justice Department filed criminal charges against the company and Dr. William Ian H. Shedden. Lilly pleaded guilty to 25 criminal counts and paid a $25,000 fine.
According to a New York Times
article published on December 17,... Read More