Vioxx News
It has come into the notice from various media reports that lawsuits related to the painkiller Vioxx have a very little chance of resolution for the number of individuals who have sued the manufacturer of Vioxx.
In terms of statistic, more than 45,000 people have sued Merck (manufacturer of Vioxx) on the account that Vioxx has lead to heart attacks and strokes. The drug manufacturer of Vioxx has so far spent a whopping $1 billion as a legal fee on Vioxx cases and has made clear that they will fight every lawsuit.
Merck, one of the biggest drug makers in US is of the opinion that if they react aggressively regarding Vioxx lawsuit, there is a strong possibility that people will stop lodging lawsuits. If experts are to be believed, legal loopholes are assisting the drug manufacturer of Vioxx. It is worth mentioning in this regard that the people who have already won the lawsuit against Merck have not received any compensation as yet because company instantly appeals when they loose the case.
Because of all this, estimates of Merck’s liability have dropped tremendously. Not so long ago, the liability figure was as high as $25 billion but at this point of time it is only around $5 billion.
If the report of Journal of the American Medical Association (JAMA) is taken into account, use of Vioxx can also lead to kidney problems. This new revelation has given boost to all those people who have lodge a lawsuit against Vioxx manufacturer.