Hi there,

The media can be the greatest force for peace on Earth. Instead, all too often, it’s wielded as a weapon of war. That's why we have to take the media back. Thanks to a group of generous donors, all donations made today will be DOUBLED, which means your $15 gift is worth $30. With your contribution, we can continue to go to where the silence is, to bring you the voices of the silenced majority – those calling for peace in a time of war, demanding action on the climate catastrophe and advocating for racial and economic justice. Every dollar makes a difference. Thank you so much!

Democracy Now!
Amy Goodman

Non-commercial news needs your support.

We rely on contributions from you, our viewers and listeners to do our work. If you visit us daily or weekly or even just once a month, now is a great time to make your monthly contribution.

Please do your part today.

Donate

Pharmaceutical Stocks Drop $30 Billion on Friday

HeadlineDec 20, 2004

Friday was a devastating day for the pharmaceutical industry. In addition to Pfizer’s announcement about Celebrix, drug companies AstraZeneca and Eli Lilly also disclosed serious problems with drugs of their own. AstraZeneca revealed tests show that its lung cancer drug, Iressa, did not prolong lives. And Eli Lilly warned doctors that, Strattera, its drug to fight attention deficit disorder drug has caused severe liver injury in at least two patients. The announcements resulted in the three companies losing a total of $30 billion in stock value.

The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.
Make a donation
Top