Avandia Class Action lawsuit: What You Need To Know
The pharmaceutical company, GlaxoSmithKline (GSK) is embroiled inside a controversy. Avandia, a medication marketed by GSK, is used to treat people who have diabetes by sensitizing the insulin in the patient. However, it is reported the drug provides serious negative effects such as increase in heart attacks, eye damage and stroke. The company happens to be facing a great Avandia class action lawsuit.
Many studies happen to be conducted to find out whether the drug is really dangerous. There happen to be findings the drug increased the risk of coronary heart attacks as well as heart failures, while some other researches have inconclusive reviews. Avandia Lawyers were asked to part of to look for compensation for that patients who suffered from the drug's negative effects. Urgent motion must take place.
The Avandia class action lawsuit filed in opposition to GSK has resulted in monetary loss for that company. It may be revealed the company may be faced along with lawsuits amounting to the range associated with $1 billion to $6 billion. The company has decided to settle a few the legal cases filed in opposition to them. But their own troubles usually are not over yet.
The Avandia class action lawsuit has caught the eye of the united states Senate and also the Food and Drug Administration. Two senators, Max Baucus (D-Montana) as well as Charles Grassley (R-Iowa) have filed a written report appealing to take out the drug from the market, stating that GSK has did not inform the FDA and also the public from the side effects from the drug. The FDA has taken note from the concerns concerning Avandia which is now deliberating on what direction to go with this.
However, it is not only in the usa that Avandia is facing a challenge. Several nations around the world in Europe in addition has pulled out the drug from the market, citing the harm the drug causes to the patients. New Zealand in addition has withdrawn the drug from the market. Avandia Lawyers through Merchant Law Group LLP, based inside Canada, has additionally filed case against GSK.
Avandia Attorneys from the Merchant Law Group have encouraged those who used this drug to get hold of them so they really would be included in their motion against GSK. Many have said the drug's hazards far outweigh the benefits. However, some physicians have said that halting treatment completely is riskier compared to taking the drug. According for them, it is imperative any particular one consult a health care provider first-whether inside treating diabetes or even considering other available choices.
The Avandia class action lawsuit filed against GSK has resulted in monetary loss for the company. It has been revealed that the company has been faced with lawsuits amounting to the range of $1 billion to $6 billion.
Published August 10th, 2011
Filed in Health