Manufacturers, distributors and sellers are responsible for not only delivering safe products, but also warning about potential risks. Drug and device companies are no exception. Yet, at least 1.5 million pharmaceutical-related injuries occur each year, at a cost of $4 billion. The injured must often turn to the legal system for help addressing the costs of these preventable injuries.
In 2011, the three largest U.S. pharmaceutical companies generated more than $181 billion in revenue. Consumers are spending more on prescriptions drugs, thanks to aggressive marketing. But drug giants often fail to pay attention to safety warnings. As the number of drugs rushing to market and sales increase, so do prescription drug injuries and lawsuits.
Medical devices promise improved quality of life. But, increasingly, defective devices are causing injuries. During the second quarter of 2012, one-third of the 140 manufacturers affected by recalls faced multiple device recalls during a 90-day period. Remedies offered during recalls are often inadequate, so injured consumers choose to file medical device lawsuits.
If you want to file a lawsuit related to a prescription drug or medical device, it is a good idea to consult a lawyer who is familiar with this area of the law. An experienced product liability attorney can explain the legal process and help you file a claim.
A class action involves similar lawsuits by a group of people who have been injured by one or more common drugs or devices. Federal courts often group cases under a single judge in order to handle them efficiently. This is known as multidistrict litigation (MDL).
Drug manufacturers that ignore the law or market dangerous medications can face hefty fines as well as thousands of lawsuits. Major manufacturers of prescription drugs have all had to pay the price for their dangerous actions.
Consumers who have been injured by a dangerous drug or defective medical device may have a lot of questions about the complex legal process and how to find a lawyer whom they can trust. Drugwatch answers these questions and many others.