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Follow on Google News | Avandia Drug Maker Agrees to Pay $3 Billion SettlementEnnis & Ennis, P.A. Explains the Potential “Big Pharma” Settlement
By: Jami Angelini Haggerty The claims against GSK include illegal marketing of Avandia, a type 2 diabetes medication. Company whistle-blowers and federal prosecutors said the company had paid doctors and manipulated medical research to promote the drug, reports The New York Times. GSK did not address the possibility of criminal findings nor fines, as the final settlement still remains under negotiation. According to The Times article, Frances H. Miller, a Boston University law professor and health policy expert, said, “Although $3 billion is a very big number in terms of drug industry settlements, it’s not a very big number in relation to almost $50 billion in annual revenue for the world’s fourth-largest pharmaceutical company.” GSK is also currently named in over 60 product liability lawsuits, wherein the Plaintiffs allege that GSK failed to warn of the increased risk of heart problems associated with Avandia (rosiglitazone) Attorney David Ennis recommends that anyone who has taken rosiglitazone- Ennis & Ennis, P.A. is a nationwide law firm with offices in Ft. Lauderdale, Miami and Washington D.C. Ennis & Ennis, P.A. concentrates it practice in mass torts and represents individuals against pharmaceutical companies and medical device manufacturers and has represented Avandia victims since 2007. Ennis & Ennis, P.A. has been representing clients individually since 1986 and has recovered over $100 million in settlements for its clients. Ennis & Ennis, P.A. is also investigating cases involving Accutane, Actos, Fosamax, Paxil, Zoloft, Prozac, Depuy Hip Recall, Zimmer Hip Recall, Depakote, Reglan, SJS/Dilantin, Yaz, Yasmin and Ocella Birth Control Pills and Transvaginal Mesh devices. Remember the law limits the time in which you can file a claim, so don't wait to explore your legal rights. Call today toll free 1-800-856-6405 or visit www.ennislaw.com. End
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