FDA Rips Aegerion Exec For Drug Promo Claims On CNBC

By Jeff Overley (November 12, 2013, 6:40 PM EST) -- The U.S. Food and Drug Administration on Friday torched the CEO of Aegerion Pharmaceuticals Inc. for comments made on CNBC, saying viewers were left with the faulty impression that cholesterol drug Juxtapid isn't risky and by itself can ensure they live long enough to "meet their grandkids."

According to an FDA warning letter, CEO Marc Beer twice was a guest this year on the financial news network's show "Fast Money," and made a number of unsubstantiated and misleading remarks about the orphan drug's safety and effectiveness.

In June, for example, Beer discussed Juxtapid's target disease — a genetic condition known as...

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