Recent,Developments,the,Fosama law Recent Developments in the Fosamax Lawsuit
Bankruptcy is a situation, wherein an individual is termed as unable to discharge all the debts. When a person or a company is not able to pay off its creditors, it has an obligation to file a bankruptcy suit. In fact, a bankruptcy suit is a When you work with an attorney, you will have no problem reducing the risks associated with getting your case in front of a judge and jury, or other formal court, when you need to. However, every case is different. It is important to work wi
As of so far, the case against Merck's biphosphate drug Fosamax is developing in strength. In the past,Merck, the 2nd largest drug manufacturer in the U.S. has already been sued for one of its most popular drugs besides Fosamax, called Vioxx. There were approximately 11,500 lawsuits against Vioxx which was found to be linked to heart attacks and stroke. The lawsuit ended up settling for $4.85 billion and Vioxx was taken off the market. The case for Fosamax has been developing in the same nature. Merck has been aware of the damage that its drugs can do and still continue to release them. Much like Vioxx, Fosamax was screened long ago by the FDA and said to be potentially risky to its users. Also like Vioxx, far more drastic repercussions for taking the drug have surfaced and now a lawsuit against its damaging effects is in the works. In volume, Fosamax and Vioxx are Merck's two best selling drugs with sales for Vioxx reaching $2.5 billion and sales for Fosamax topping $3 billion.A most recent article has shown that there are at least a few thousand lawsuits that have been filed already, and Merck is trying to consolidate them all into one MDL, or multidistrict litigation. This will hold back the time that some pending lawsuits can be pushed further and resolved. There may also be a division between cases involving femur damage and those involving jaw damage. Nonetheless they will all be settled and taken to court for proper compensation. We recommend that you consult the number presented to get in contact with a lawyer who can insure that your lawsuit is handled properly.The Mass Tort Lawyer
Recent,Developments,the,Fosama