Author Archive
Merck Vioxx related shareholder lawsuits in Supreme Court
I think even a 6-year old understands that companies exist for the sake of shareholders, but not solely for them. They wouldn’t survive if they did not take good care of their customers, and in recent years, the trend has been to also be good corporate citizens.
Apparently, Merck exists even though it does not [...]
Over the counter painkiller dangers
FDA is ordering manufacturers of over-the-counter (OTC) pain relievers and fever reducers to revise their labeling to include warnings about potential safety risks, such as internal bleeding and liver damage.
Products covered by the FDA action include acetaminophen, and a class of drugs known as the nonsteroidal anti-inflammatory drugs (NSAID). These include aspirin, ibuprofen, [...]
Bextra settlement
While both Merck and Pfizer had denied that Vioxx, Celebrex, and Bextra killed anyone, after Merck settled its lawsuits over the death and injuries to tens of thousands of Americans, Pfizer is following in its footsteps and settling almost all pending lawsuits against it.
Pfizer Inc., that still sells Celebrex after Bextra was banned for personal [...]