DrCassone on Nostr: The Vioxx Scandal (never forget) This drug, produced by Merck & Co, resulted in the ...
The Vioxx Scandal (never forget)
This drug, produced by Merck & Co, resulted in the death of 40,000-60,0000 people and hundreds of thousands of strokes and heart disease reactions with many additional premature deaths.
It is assumed that Merck was aware of the deadly side effects but decided the lawsuit payouts would be less than the profits and moved forward with the release. By 2007, Merck had settled around 27,000 lawsuits for approximately $4.85 billion, without admitting wrongdoing. This was one of the largest mass tort lawsuits in pharmaceutical history.
The Vioxx scandal underscored issues of selective publication of research findings, conflicts of interest in medical research, and the ethical responsibilities of pharmaceutical companies in reporting potential drug risks.
This drug, produced by Merck & Co, resulted in the death of 40,000-60,0000 people and hundreds of thousands of strokes and heart disease reactions with many additional premature deaths.
It is assumed that Merck was aware of the deadly side effects but decided the lawsuit payouts would be less than the profits and moved forward with the release. By 2007, Merck had settled around 27,000 lawsuits for approximately $4.85 billion, without admitting wrongdoing. This was one of the largest mass tort lawsuits in pharmaceutical history.
The Vioxx scandal underscored issues of selective publication of research findings, conflicts of interest in medical research, and the ethical responsibilities of pharmaceutical companies in reporting potential drug risks.