Does anyone else know of an FDA approved drug which had "problems", but was fixed and later rebounded? If you do, it would help the ones on the fence to know its at least a possibility. Not that past performance is a guarantee of future rise in PPS, but it would help the case for the longs to see a scenario that has happened before. Thanks.
Even what some regard as the most harmful drug ever (THALIDOMIDE), which was completely withdrawn, ultimately returned to the market and is NOW being used for several different conditions. Of the approximately 2,000 babies born with the most horribly disfiguring defects, around half died within a few months and 466 survived to at least 2010
Google Thalidomide and read in particular the wikipedia synopsis of what happened and its current status as an ACTIVE DRUG on the market...
Maxdad, you are providing misleading info regarding thalidomide. First, the estimated number of birth defects due to thalidomide numbers from 5,000 to 10,000, not the 2000 number you mention. Second, you fail to mention that thalidomide NEVER returned for what it was marketed for...treatment of morning sickness. It was later to have found useful in things like leprosy and cachexia. Any comparison of thalidomide to O is a stretch to say the least.
Yes, ELN's Tysabri was pulled after several deaths but is back to market. ELN dropped to $1s but now at $13 and entertaining buyout offers. The situation with O is very similar to Tysabri, but I believe that O has a much, much higher potential revenue since Tysabri helps MS which is a rarer condition than O's indications.