Anti-Smoking Drugs Could Cause Suicide (PFE)(GSK)

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By Douglas A. McIntyre Updated Published
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magazinIt is hard to say whether a person is better off stopping smoking and lessening their chances of a heart attack or killing themselves.  Some of the anti-smoking drugs from Pfizer (PFE) and GlaxoSmithKline (GSK) can have terrible side effects.  The drugs are Chantix, made by Pfizer, and Zyban, made by GlaxoSmithKline. Inexplicably, the FDA will allow the treatments to stay on the market.

The New York Times reports that “Federal drug regulators warned Wednesday that patients taking two popular drugs to stop smoking should be watched closely for signs of serious mental illness, as reports mount of suicides among the drugs’ users.”

It is hard to see how the agency is doing anyone a favor, especially because there are many ways to stop smoking that are less dangerous than taking drugs with such horrendous risks. Locking someone in a closet until the urge to light up passes comes to mind.

Perhaps if drug companies did not make so much money from medications like these, the issue would simply be one of the government banning them completely, which is what should be happening. Chantix sales were $177 million in the first quarter. That is probably enough to cover the compensation of the big pharma company’s senior management.

The exposure of the risks of suicide in patients who use these anti-smoking drugs, brings up the old question of whether large drug companies are too closely allied with the FDA.  The ongoing concern is that these alliances seem never to be investigated by Congress.

Douglas A. McIntyre

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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