The latest erectile dysfunction drug maker to stop marketing Viagra for consumers is launching legal action against the impotence pill maker.
The lawsuit, filed against Teva Pharmaceuticals Inc., Teva Pharmaceuticals USA Inc., Pfizer Inc., and Bayer HealthCare Pharmaceuticals USA Inc., is seeking compensation for medical expenses, lost income, lost wages and lost time spent by the company.
The lawsuit claims that Teva and Pfizer knew the drug could cause erectile dysfunction, but that the company did nothing to stop its actions until after the patent expiration in June 2013.
“Patent expiration is a critical issue for the pharmaceutical industry as patent expiry is a key point in the ongoing battle to keep the market open,” said U. S. District Judge William F. Qiao in Manhattan Beach.
The suit claims that the drugmaker failed to provide adequate notice to consumers about the potential risks of Viagra, according to the suit.
Viagra is the first pill for impotence treatment approved by the U. Food and Drug Administration. It was the first approved by the FDA to treat erectile dysfunction. Other Viagra versions were also approved for patients using the treatment.
The suit also alleges that Pfizer and Bayer did not provide adequate warnings about the drug’s potential for side effects, such as sexual dysfunction. Teva and Pfizer also paid the companies for the drugs, and Bayer agreed to reimburse them for future sales.
In a statement, Teva said, “Patent expiration is critical for the pharmaceutical industry as patent expiry is a key point in the ongoing battle to keep the market open.”
Pfizer’s patent on Viagra expired in 2011, and its patent on Viagra expires in 2014. Bayer’s patent expires in 2017, and it will no longer be able to manufacture and sell Viagra, according to the lawsuit.
The lawsuit claims that Teva and Pfizer knew about the potential risks of Viagra until after the patent expiration in June 2013.
“Patent expiry is critical for the pharmaceutical industry as patent expiry is a critical point in the ongoing battle to keep the market open,” said U. District Judge Qiao in Manhattan Beach.
“The company is a major player in the pharmaceutical industry and the U. Food and Drug Administration (FDA) has been responsible for ensuring that the safety and efficacy of the erectile dysfunction medications remain under our supervision,” the lawsuit said.
The suit also claims that the company failed to provide adequate warnings about the drug’s potential for side effects, such as erectile dysfunction, as it did before its FDA-approved label was approved.
“Consumers should be aware of the potential side effects of Viagra and should exercise caution when purchasing or using the product,” the suit said.
Erectile dysfunction medications are prescribed to men between the ages of 18 and 64. The FDA approved the treatment for the condition in 1998.A study in 2011 found that men who used the erectile dysfunction medication before using Viagra had a higher risk of a heart attack or stroke compared to those who did not use the medication. The study was financed by Pfizer.
The lawsuit claims that the drugmaker failed to provide adequate warnings about the potential risks of Viagra, but that the company did nothing to stop its actions until after the patent expiration in June 2013.
In its statement, Teva said that in “the last few years, the company has become more and more aware of the potential risks associated with Viagra.”
“We understand that the FDA has been a vital factor in ensuring that the safety and efficacy of the Viagra drugs remain under our supervision,” Teva said.
Teva, which is based in Israel, is an Israeli company that sells its own erectile dysfunction medication.
Pfizer Inc., which is based in the United Kingdom, is based in the United Kingdom and sells its own erectile dysfunction medication. It also sells its own erectile dysfunction drug.A statement from Pfizer’s subsidiary, Pfizer Inc., said that the company’s “innovative and innovative approach to addressing erectile dysfunction is under investigation and is in the process of launching legal actions.
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