As deadlines near on the settlement Merck & Co. has proposed for cases related to its Vioxx painkiller, it looks highly likely enough plaintiffs will sign on to seal the deal.
A state court judge in California has tentatively accepted the settlement of class action lawsuits on behalf of about 800,000 Ford Explorer owners whose vehicles lost value because of their perceived rollover danger.
Dennis Quaid, has filed a lawsuit against Baxter International Inc. This lawsuit has received a great deal of attention and likely will put the company under more intense scrutiny because of Quaid's family being involved.
According to a November 2007 report by the Senate Finance Committee, an analysis by FDA scientists presented at a July 30, 2007, safety panel meeting estimates that Avandia has caused approximately 83,000 excess heart attacks since coming on the market.
On January 8, 2008, a Federal Court judge in Rhode Island expanded the scope of the consolidated proceedings involving hernia patches manufactured by Davol/Bard to cover all Davol Marlex/Teflon products, with or without "memory recoil rings."
Two Canadian women have died and numerous others have suffered blood clots, heart attacks and other medical problems in the span of about four years after using the well-known but increasingly controversial Evra birth-control patch.
The sub-prime mortgage scandal is far from over. In fact, it's now affecting large banks all over the world. Recently, UBS has announced a $10 billion write-down tied directly to the fall in the value of its assets backed by American sub-prime mortgages.
Federal safety regulators are investigating reports of front passenger seat airbag failures in roughly 330,000 BMW cars and SUVs. The National Highway Traffic Safety Administration (NHTSA) Office of Defect Investigation reports that "the passenger frontal airbag may malfunction and render the passenger airbag inoperative."
Older patients who took Avandia had a higher risk of heart attacks, congestive heart failure and death than those on other diabetes pills, according to a study of nearly 160,000 Canadians.
Joyce A. says she did not know that Avandia could cause so many health problems, at least she did not know until her doctor took her off Avandia and put her on another drug. Unfortunately, this happened after she was hospitalized two times with severe chest pains.
