The pharmaceutical industry’s worldwide sales are about $300 billion a year, according to the World Health Organization. To increase those sales sometimes the industry takes shortcuts, sells a drug that’s not safe or markets a medication for a purpose not approved by the federal government. As a result, patients can be severely injured or killed.
We all contribute to this staggering amount of sales, whether we just need medication once in a while or need to take pharmaceuticals every day to live. For some, these drugs are modern miracles but for others they do far more harm than good. A medication believed to cure a condition could create a worse one or even kill an unsuspecting patient.
Pharmaceutical companies spend billions of dollars developing pharmaceuticals. There is tremendous financial pressure to market a drug to earn back development costs plus a good return on their investment. That pressure could result in a drug being put on the market that should never have been released or marketing what could be a safe drug to the wrong patients for the wrong reason.
Pharmaceutical companies can be held accountable for negligence or willfully putting profits ahead of safety because,
- Drugs weren’t properly or sufficiently tested to discover possible side effects.
- Studies of drug safety with bad news went unheeded or hidden.
- The design of the drug foreseeably causes injuries.
- The manufacturing process is defective resulting in a drug dangerous even when used as intended.
- There are inadequate instructions or warnings about a product’s foreseeable risks.
- The drug is marketed by the manufacturer to patients for a purpose not approved by the federal Food and Drug Administration.
If you or a family member has been harmed by a medication, you may have a right to compensation. The Bloom Firm can protect those rights for you and your family. Contact us today to learn about those rights. Statutes of limitation apply so you need to act before it’s too late to file a legal action.