Pharmaceutical Drug Lawsuits
You might be aware that the pharmaceutical companies who control the pharmaceutical industry are known as "big pharma". The word "big" not only refers to the size of these companies, but to their global reach and influence as well. Big Pharma would like you to believe that they aren't interested in big profits, that their real concern is saving lives through the creation of safe drugs and medical devices. Anyone who has been on the receiving end of a harmful drug or faulty medical product knows this for the lie that it is.
Pharmaceutical Drug Research, Development and InnovationDrug companies spend billions of dollars each year in an attempt to develop new medications and medical devices. A pharmaceutical company that plans to produce the drug has so much time and money invested in the drug when it finally reaches the FDA's approval process stage. Clinical drug trials are supposed to be a neutral, scientific process. More recently though, clinical trials have been shown to produce far more positive findings than a real, independent 3rd-party test would. With so much riding on the success and approval of a drug, it seems that too often big pharma works to hide a drugs flaws instead of making it safer for users.
Dangerous & Defective Drug Legal IssuesAcross the United States, drug side effects and injuries have prompted a record number of class action lawsuits against pharmaceutical companies. These lawsuits seek damages for an injury, illness, or death caused by a prescription drug. Some instances of defective drugs being recalled or litigated are:
- Accutane - An acne drug linked to severe birth defects caused by
the drug. In addition to birth defects, the drug is associated with
causing severe psychiatric side effects as well as many systemic side
effects including damage to the liver, kidneys, central nervous system,
pancreas, gastrointestinal tract, cardiovascular system, musculosketal
system, and the auto-immune system of the human body.
- Avandia - A diabetes drug linked to heart episodes and failure.
- Heparin - A blood thinning drug that causes low blood pressure, angioedema, shortness of breath, nausea, vomiting, diarrhea, and abdominal pain.
- Levaquin - An antibiotic that causes tendon rupture or swelling of the tendon.
- Fosamax - This prescription drug, used to treat osteoporosis, has been linked to a serious syndrome that causes bone decay, particularly in the jaw.
Who is big pharma?
Big pharma is a term used to describe those pharmaceutical companies with revenues in excess of $3 billion a year. The top five most profitable drug companies are:
- Johnson & Johnson
The question is: What can those who have been hurt or made ill by a drug or medical device do to fight big pharma? If you ask a group of class action attorneys, they would say that they believe that most often a lawsuit, brought by a large group of wronged patients, is the best way to ensure that drug companies are held responsible for their actions. Injury lawyers who specialize in drug torts have the experience to handle those specific type of cases.