Thursday, November 15, 2007

Details of the Vioxx Settlement

Now that the lawyers are beginning to decide whether their clients will participate in a settlement offered by Merck for patients who took Vioxx and suffered myocardial infarction (MI), commonly known as a "heart attack," it is a good time to look at the details of the settlement offer. These details are as follows:

  • Most importantly, the settlement will be considered void unless at least 85% of those with pending cases against Merck sign on, including
    • MI cases
    • Ischemic stroke cases, i.e. cases of strokes caused by blockage of arteries in the brain
    • Death cases
    • Cases of use for 12 or more months
  • The agreement is offered only to US residents, and those who claim their MI occurred in the US.
  • All claimants that will be party to the case must meet three standards or "gates":
    • The injury gate-they must have objective, medical proof of an MI or ischemic stroke
    • The duration gate-they must have documented receipt of at least 30 Vioxx pills
    • The proximity gate-the pills must have been received close enough to the injury to support a presumption of Vioxx ingestion within 14 days of the injury
  • Strokes that are hemorrhagic or transitory in nature will not be considered for the purposes of this settlement
  • Law firms on the Plaintiffs' Steering Committees must recommend enrollment in the program to 100% of their clients that qualify
  • Each individual case will be examined to determine qualification based on objective, documented facts, including records of independent risk factors
  • The parties will seek to get judges to order plaintiffs' attorneys to promptly register all Vioxx claims
  • $4 billion have been allocated for MI claims, $850 million for ischemic stroke claims
  • The settlement will be allocated according to the independent qualification of each claim
  • Payments could begin in August 2008, and will be paid in installments
  • Merck reserves the right to not pay any settlement if any of the terms of the settlement are not met
  • Merck does not admit fault

The settlement shows the complexity of dealing with a major piece of litigation over a defective pharmaceutical. If you or a loved one has been injured by a pharmaceutical with dangerous side effects, you cannot go it alone. Contact the experienced prescription drug attorneys at Snyder & Wenner, P.C, protecting the rights of victims in the Pheonix, Arizona, area.

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