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U.S. Supreme Court Reviews Generic Drugs

01/9/2013
Articles
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Next spring, the U.S. Supreme Court will soon look at the very profitable policy called “pay for delay.” Profitability in this case extends primarily to both the brand-name manufacturers and generic drug makers at the expense of the consumer. Estimates are “pay for delay,” costs consumers an extra $3.5.8 billion […]

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Vioxx Saga Not Yet Over

01/9/2013
Defective Drugs
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How much can one bad drug cost a company? Just ask Merck. When its painkiller drug Vioxx was pulled from the market in 2004, Merck was facing 27,000 lawsuits which culminated in a $4.85.8 billion settlement. Then last year the U.S Department of Justice reached a $950 million civil and […]

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Countdown to New Medical Device Tax

01/7/2013
Defective Medical Devices
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January first marks a new chapter for medical device manufacturers, who will be required to pay an excise tax of 2.3 percent on total revenues. Medical devices range from small stents and CT scans to pacemakers, defibrillators, metal hips and synthetic surgical mesh. The $125-billion-a-year industry complains it will be […]

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Paxil Lawsuit Now Class-Action in Canada

01/3/2013
Defective Drugs
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A British Columbia court has agreed to allow a class-action lawsuit to proceed and to be headed by the case of an infant born with a hole in her heart after her mother took the antidepressant Paxil (paroxetine). The mother, Faith Gibson, is suing GlaxoSmithKline Inc. (GSK), the maker of […]

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Doctors Warned of Fake Botox

01/3/2013
Mass Tort News
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This news is putting a scare into the pharmaceutical cosmetics industry. The U.S. Food and Drug Administration (FDA) has written a warning letter to more than 350 medical practices about a bogus Botox that may have come from a foreign source distributed through Canada. The product may be contaminated, counterfeit, […]

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