Over the years, pharmaceutical companies have made billions of dollars on drugs, with various levels of safety parameters and sometimes questionable quality controls. All drugs have side effects; some more than others. In some cases, the injuries that occur as a result of taking those drugs warrant filing suit.
From 2004 to 2010 alone, pharmaceutical companies paid more than $7 billion as a result of lawsuits, penalties and fines. The Food and Drug Administration approves more than 20 drugs a year, many of which are harmful and have serious side effects impacting a large number of people.
The dangerous side effects many of these drugs have create serious health implications. These conditions include liver damage, various forms of cancer, birth defects, strokes, heart attacks, heart failure, blood clots, blood failing to clot, Crohn’s disease and even suicide. These affect both young and old.
In many cases, the overworked FDA is manipulated into approving these dangerous drugs as a result of drug companies failing to report unfavorable results. In other ones, pharmaceutical companies fail to use large enough of a sample size when conducting their clinical study or only follow side effects for a short time.
Once the FDA becomes aware of a drug having adverse serious side effects, it may take them years to remove the item from the market. When it comes to reports of potentially dangerous or defective products or drugs, they schedule meetings, issue reports, demand more trials and add warning labels.
Despite efforts made, all those actions take time and most people do not have time to wait. As a result, injured parties are forced to file lawsuits against drug companies to recover costs associated with medical expenses, as well as pain and suffering.
If you or someone you know has been the victim of one of the dangerous drugs on the market, the advice and counsel of an experienced Tennessee products liability attorney may help you to understand your rights, as well as what legal recourse is available to you.
Source: Drugwatch.com, “Dangerous drugs,” accessed Jan. 26, 2017