login
Become a member
Quick Registration
Full Registration Benefits -
Free Homepages for Doctors
Free Homepages for Hospitals
Free Homepages for Medical Conference
Free Homepages for NGO's
Personal Health Record Creation
Access to all Medical Slides
Access to all Jobs & Products Sale
Lawsuits Against Merck's Vioxx Settled With Generous Compensation
This is however, subject to conditions. To qualify, there must be proof of serious illness and it should have occurred at the most, two weeks after purchase of the drug.
These announcements follow legal claims that Vioxx caused many to suffer heart failure and strokes. More than 26,000 separate lawsuits were launched against Merck. They alleged Merck had failed to alert users properly to the possible dangers of taking the painkiller. Vioxx is used to treat arthritis and other conditions.
However, Merck has always denied such claims. It maintains that it voluntarily withdrew the drug in September 2004. This it says, was following research suggesting the drug could significantly increase incidence of heart attacks and strokes, if taken for 18 months. So far, Merck has won 12 cases and lost five.
The firm has welcomed the settlement as "good and reasonable”, and ensuring that litigation will not "stretch on for years".
The compensation offer would put at rest 95% of outstanding Vioxx claims. It will not apply to class-action suits with currently more than 260 of them.
The settlement will see Merck paying a fixed amount into a fund. Individual awards will later be made following thorough evaluation of the merits. Though the payments could be made as early as next August, Merck has given that it reserves the right to withhold settlements if key conditions were not adhered to.
|
|
|
More News on: Top Ten Selling Drugs
 Comment & Contribute
|
|
guest
06/17/2008
I am a Vioxx Survivor, Merck &Co. et al did willingly & knowingly kept Vioxx on the market for 5 years killing 88,000 and injuring 169,000 with heart attacks and strokes. There is no product liability law to prosecute any prescription drug company. Congress omitted the product liability law in 1962 preempted the FDA ACT when they amended the FDACA Act. No Federal or State law.
Reply |
Forward
|
Medwonders Health Network
- Health News Index
- News Quick Links
 | News Central | | Health Watch | |
| Latest Health News | | Health In Focus | |
| News Category (500+) | | Breaking Health News | |
| Popular News | | Celebrating Life | |
| Health News and Press Release | | Medindia - Exclusive | |
| News Photo Gallery | | India Special | |
| News Video Gallery | | Lifestyle and Wellness | |
| News From Other Resources | |||
| News Categories: |
| » | Vivek Oberoi Says There is No Smoking on His Sets |
| » | Gasoigne Swaps Booze for Botox |
| » | Michelle Obama: Name of Olive Tree in Italy |
| » | Beyonce: Most Beautiful Women in the World |
| » | Robin Gibb Recovers from Coma Wakes Up to Cancer |
| More Celebrity News | |
|
Medico Legal Related News |
||||||||
| » | Australia Says Plain Cigarette Packaging is Anti-Cancer and Not Anti-Trade | » | Smoking Ban in Public Places Sees Drop in Number of Smokers by Five Percent | |||||
| » | Chinese Patient to Get 60,000 Yuan Compensation from Hospital After Swallowing Doctor’s Syringe | » | Tobacco Companies Challenging New Packaging Rules Made to Wait by Australian Court | |||||
| » | Notice Issued by Supreme Court on Sterilization | » | Diet Guru Pierre Dukan Targeted by French Medical Orders | |||||
| » | Blood Monitoring Patents Rejected | » | Judge Bans Woman from Having Sex | |||||
| Read More >> | ||||||||
