Why 77,000 Cancer Patients Are Suing Pfizer (& Others)
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We’ve all heard horror stories about the pharmaceutical industry. Undisclosed side effects, addictions, and price gouging are commonplace within the industry, but likely the worst infraction of all time is Zantac. Zantac was the most popular overthecounter medicine in the world, used for heartburn and acid reflux relief. It was sold by all the big pharmaceutical companies as a branded and generic medicine, claiming to bring relief to millions and millions of people. The truth, however, was that Zantac was hiding a dark secret. Under certain storage conditions, Zantac was known to produce excessive amounts of NDMA, a chemical with a strong correlation to cancer. Yet, this risk factor was never disclosed to the FDA and 77,000 people ended up developing various forms of cancer. Big pharma naturally accepts no responsibility, but that doesn’t change the fact that Zantac is one of the biggest scandals of the pharmaceutical industry.
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Timestamps:
0:00Zantac
2:51How Did This Happen
6:20The Current Situation
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Logically Answered is centered around explaining the economics of tech and social media. These sectors are generally analyzed through the lenses of finance and economics to determine which industries and companies will thrive and which will fall. In addition to this analysis, the content is often focused on the stories of various famous entrepreneurs such as Elon Musk, Steve Jobs, and Jeff Bezos. Logically Answered also cover the rise and fall of several interesting companies and services that we come across on a daytoday basis. There have been so many companies that have risen to fame and then died out in a single generation. The most interesting companies are the ones that were able to save themselves and avoid bankruptcy. Feel free to follow the podcast if you would like to see any of these topics Logically Answered.
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