Tagged with " diet drugs: fen phen"
May 30,1998 Introduction: After American Home Products withdrew Redux and Pondimin from the market last September, the stock fell. In [...]
A summary of four earlier Verdict reports show that AHP had repeatedly underestimated reserves for fen-phen.
May 24, 2000 1) December 31, 1997: Verdict reported that AHP’s fen-phen exposure exceeded the then current estimates of $3-4 [...]
On 5/27/05 Bloomberg said Wyeth increased fen-phen reserve to $21.1 billion Until AHP releases more data Verdict can not evaluate [...]
As AHP continually changed its litigation reserves for fen-phen, Verdict repeatedly predicted the reserves were inadequate. The final cost was $20 billion.