Very soon the pharmaceuticals giant Merck will become £2billion poor, as the company has to pay same amount to the 150 Americans consumers because of its painkiller Vioxx which had proven to caused heart attacks and strokes in thousands of users if it had been taken more than 18 months. The painkiller Vioxx has been meant for the patients of arthritis.
But in September 2004, Merck and Co, based in New Jersey, withdraw all its drug (Vioxx) from America, after a study revealed that it can double the risk of heart attack and stroke in patients who are taking it for more than eighteen months. However, till now the company only liable to pay its US customers. But certainly this biggest drug-case settlement will help 80million patients, including 400,000 Britons to get their compensation as well.
Many times, it is seen that companies which lost their case in lower court, go to higher court against the verdict for avoiding paying the money to consumers.
Let’s see what is Merck and Co’s next plan?
Comments
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I’ve read about this trial against Merck in the Court of Florida. I think the issue was that Vioxx is cardio-toxic. The complainant used the drug for 18 months to cure osteoarthritis only to end up on cardiac arrest. I just don’t know what happened with the case. But there’s one thing, Merck is really in big trouble with all these issues. And I think people who took Vioxx should get themselves health insurance already.