Thursday, February 17, 2011

Darvocet Settlements: How it is Good for Everyone Involved

It has been just two months since the drug Darvocet was pulled out of the US and Canadian markets after a massive recall. Since then, Xanodyne, the makers of the drug, have had many suits filed against them in court. Even though that is true, no settlements have been paid out yet. This may be stalling from Xanodyne, since if they settle, they would be losing quite a bit of money. Drug settlements can take years, but in this case it will probably be in everyone’s best interest to settle.

Settling Will Save Xanodyne Money

In early 2010, a man from Alabama won $25 million from a pharmaceutical manufacturer called Roche. He took them to court over the drug Accutane, claiming that they misrepresented the side effects of the drug. He was initially only looking for $2.6 million, but after the jury sided with him unanimously, he ended up winning $25 million.
Xanodyne should look at this case and realize that if they settle, they may actually save a lot of money, because if they lose their cases, then they will be in the hole for potentially billions of dollars.

Settling Will Save the Plaintiffs Time

Drug lawsuits can take years and years to reach any sort of conclusion or settlement, but the cases that have been put against Xanodyne are only a few months old at best. If a Darvocet settlement is reached soon, Xanodyne, and those filing suits against them, may be able to save years of hassle.

Darvocet Lawsuits So Far

Only a few cases against Xanodyne have been made public so far. One case was filed by a woman named Linda Gallagher. She filed a case after suffering a Darvocet heart attack. Her case is the first case filed against Xanodyne in federal court since the drug Darvocet was recalled.
Another case is from Kristin Esposito from New York. She suffered from a heart arrhythmia while taking Darvocet, and is seeking $10 million in damages to cover lost earnings and medical bills.

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