I suspect a class action lawsuit as I personally witnessed my father almost die from taking these defective Digitek pills for about a month, and they did a sloppy job of notifying the customers that they were taking a screwed up double dosage of their prescription.
a really frightening thing.
Actavis makes Digitek for Mylan Pharmaceuticals of Pittsburg, Pa.
mylan.com
MYL is right at resistance and is worth a serious look for an event driven shorting opportuity tomorrow. It's risen to it's nov and decemeber lows which now act as overhead resistance in the 13.25 area.
I would advise all to read the rapidly developing news on this.
JOhn
stockcharts.com
the news has not even hit Yahoo finance or the WSJ yet
finance.yahoo.com
but I just tipped off Drudge
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newsday.com
Pharmacists will call: Digitek recalled
BY KATHLEEN KERR
kathleen.kerr@newsday.com
May 2, 2008
A generic form of digitalis - a heart drug - has been recalled in an unusual action that requires pharmacists to personally notify all customers who have purchased it.
Doctors prescribe the drug, Digitek, to treat heart failure and abnormal heart rhythms.
Actavis Totowa, a Totowa, N.J., manufacturer, recalled Digitek after consulting with the Food and Drug Administration. Actavis makes Digitek for Mylan Pharmaceuticals of Pittsburg, Pa.
Actavis counsel John LaRocca said the company recalled Digitek after at least one pill emerged from the manufacturing process at double the appropriate thickness. An FDA statement said: "These tablets may contain twice the approved level of active ingredient than is appropriate."
Double-strength tablets could lead to toxic levels of digitalis in patients with renal failure.
"We had some concerns about the process," LaRocca said. He said the company knew of no deaths linked to Digitek use but Actavis and the FDA had received 11 complaints about side effects since 2006.
Actavis has asked pharmacists to instruct consumers to return all unused Digitek pills and to consult their physicians. While recalls often result in the removal of drugs from pharmacy shelves, consumers seldom receive personal notification.
At North Shore Pharmacy in Huntington, supervising pharmacist Ron Wood said, "We never keep the generic [Digitek] in stock, so it [the recall] doesn't apply."
Joel Bassuk, pharmacist at Raindew Pharmacy in Manhasset, said he received the recall notice yesterday but he only has about five customers who use the drug.
"They said to immediately examine your inventory and discontinue all lots," Bassuk said, noting he has had no reports of adverse side effects.
CVS spokesman Mike DeAngelis said the chain had removed all Digitek from its stores. "We went back to see which patients had prescriptions over the past 12 months and contacted them," DeAngelis said.
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rochesterhomepage.net
FDA recalls popular heart drug
Saturday, May 3, 2008 @06:00pm EST
Digitek, a generic heart drug is also being recalled and pharmacists have been asked to personally notify all customers who have purchased the drug. Digitek was used to treat heart failure and abnormal heart rhythms. The reason for the recall is some pills were being made twice the size, which mean they could contain twice the amount of active ingredients. No deaths have been linked so far to the recall but the U.S. Food and Drug Administration has had several complaints concerning side effects dating back to 2006. If you do take Digitek, you are asked to return all of your pills to a pharmacy and contact your doctor.
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