Are Testosterone Gels Being Overprescribed?

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Oct. 9 (Bloomberg) -- Olivia Sterns reports on the side effects of the testosterone replacement therapy gels. She speaks on Bloomberg Television's "In The Loop." (Source: Bloomberg)

On what is driving sales, and what people do not know is there could be some scary side effects.

Very scary because it is rare that a drug warns of adverse risks for the patients, but also for people around them.

That is the case.

The commercials put it out there.

Here is part of a commercial.

Serious side effects include possible increased risk of prostate cancer, lower sperm card, enlarged -- count, enlarged breasts.

It sends a lot of alarms and they warned about touching children.

I spoke to a doctor at the mayo clinic and he said if used popular, it is not a big concern, but he is more concerned that the drug is being overprescribed.

Asked how many men are actually using this?

-- how many men are actually using this?

Prescriptions have doubled.

It is picking up.

By 2017, the market is expected to reach $5 billion.

Androgel is the top seller.

Dr.

young said about one in three patients he sees that are taking these do not actually need to be taking them.

That is interesting.

Olivia sterns, it thank you.

-- thank you.

It is 56 minutes past the market . investors are welcoming the news that janet yellen could become the first woman head of the federal reserve.

Futures are up there.

Dow is up 17. we will be on the markets again in 30 minutes.

Wall street is weighing in on the nomination of janet yellen.

Advocare partner ceo roger altman tells us -- evercore partners ceo roger altman tells us what he thinks about the pick and the timing of the announcement, and former budget director -- budget director peter or zach will join us at 10:00 a.m.. i will see you back here in two.

This text has been automatically generated. It may not be 100% accurate.

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