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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.
Medicine that boosts your levels of thyroid hormone is an easy way to treat your hypothyroidism. It's not a cure, but it can keep your condition under control for the rest of your life. The most common treatment is levothyroxine (Levoxyl, Synthroid, Tirosint, Unithroid, Unithroid Direct), a man-made version of the thyroid hormone thyroxine (T4).