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.
21 Apr, 2008
Vioxx was voluntarily recalled by Merck & Co Inc. on September 30,2004 after a clinical study conducted on Vioxx comes to the conclusion that continuous use of Vioxx enhances the risk of heart attack and strokes.
Merck CEO Rymond Gilmartin while announcing the withdrawl of Vioxx said that company is taking this action in the best [...]
30 Mar, 2008
Developed by Merck & Co., Vioxx is a COX-2 nonsteroidal anti-inflammatory drug, which was used in the treatment of acute pain, painful menstrual cycles and Osteoarthritis. After the revelation in a clinical study that the use of Vioxx enhances the risk of heart attack and strokes, Vioxx was withdrawn from the market in September 2004.
From [...]
26 Jan, 2008
Here are a few updates on what happened during the last few months in trials revolving around Vioxx.
Jan. 18, 2007: A hung jury in Los Angeles forced a mistrial in the cases of two men who blamed their heart attacks on Vioxx.
Dec. 21, 2006: A judge in a Texas widow’s lawsuit over Vioxx reduced a $32 million [...]
17 Jul, 2007
On February 22, the Michigan State House passed legislation on bills that would repeal a law protecting drug companies from lawsuits involving drugs that have been approved by the FDA. Within is a bill that would allow lawsuits to be filed retroactively. That could mean that Merck & Co. might face even more Vioxx-related suits. [...]
17 Mar, 2007
On February 20th, 2007, lawyers from Brown & Crouppen law firms will begin the first Vioxx trial in the midwest, in Madison County, IL. Patricia Schwaller, a 52-year-old mother of two children died suddenly of a heart attack on August 8, 2003. She had been taking the drug Vioxx for almost 2 years. Frank Schwaller, her [...]