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Drug-induced hypothyroidism may be caused by: 1  Drugs used for hyperthyroidism (overactive thyroid), such as propylthiouracil (PTU), radioactive iodine, potassium iodide, and methimazole. 2  Treatment with lithium or iodides in certain people.
New Hypothyroid Medications. There are several new thyroid hormone preparations that can be used to treat patients with. hypothyroidism. These include a new preparation of levothyroxine called Tirosint that is the only. thyroid preparation in a gel capsule. There is also new preparation of desiccated thyroid (from. porcine thyroid) called WP thyroid, that is similar to Nature-Throid. Many patients have trouble absorbing standard thyroid preparations such as levothyroxine, Synthroid or Levoxyl. Certain conditions and several medications (calcium, iron, vitamins that.