Apparently, the FDA will expedite its abbreviated 510K approval process. The medical device industry is painting this as an improvement in the device approval process, but at what cost? And, for who is this expedited clearance process an improvement? According to an analysis from the medical device consulting company Emergo […]
Category: Mass Tort News
An MDL (multidistrict litigation) was established for the prosecution of individual personal injury lawsuits against Biomet in the fall of 2012. The Judicial Panel on Multidistrict Litigation (JPML) heard attorney arguments on September 20, 2012, at a hearing in New York City. The plaintiffs requested consolidation of the pending lawsuits […]
A Florida grandmother has filed a complaint against the maker of the antidepressant Zoloft over a birth injury suffered by her grandchild. The lawsuit was filed November 28, 2012 in federal court in the Northern District of Florida, which is in Pensacola. According to the complaint against drug maker Pfizer […]
How much can one bad drug cost a company? Just ask Merck. When its painkiller drug Vioxx was pulled from the market in 2004, Merck was facing 27,000 lawsuits which culminated in a $4.85.8 billion settlement. Then last year the U.S Department of Justice reached a $950 million civil and […]
It took the death of five infants but major U.S. stores have finally recalled a popular baby recliner more than two years after infant deaths and injuries were first reported. Buy Buy Baby and Toys R Us are taking 150,000 Nap Nanny recliners off store shelves, reports CNN. The federal […]
January first marks a new chapter for medical device manufacturers, who will be required to pay an excise tax of 2.3 percent on total revenues. Medical devices range from small stents and CT scans to pacemakers, defibrillators, metal hips and synthetic surgical mesh. The $125-billion-a-year industry complains it will be […]