Posted on 08/22/2005 5:33:32 AM PDT by OESY
...Forget the jury's whopping quarter-billion-dollar verdict in Ernst v. Merck, because it's cut 90% by the caps that Texas law places on punitive damages....
But in truth, we should be grateful to any firm that speeds its product to market when its anticipated use promises many more benefits than adverse side-effects. Merck should not apologize for pushing hard to win quick market acceptance; before Vioxx was withdrawn, countless people with chronic pain were able to get on with their lives. Now these folks are left far worse off because of a double whammy: a Food and Drug Administration that yanks too many drugs off the market because it has no idea how to evaluate risk, and individual jurors who think it is their solemn duty to "send a message" to the drug companies on whose products we so desperately depend.
So, in return, I would like to send my message to Mr. Lanier and those indignant jurors.... None of you have ever done a single blessed thing to help relieve anybody's pain and suffering. Just do the math to grasp the harm that you've done.
Right now there are over 4,000 law suits against Merck for Vioxx. If each clocks in at $25 million, then your verdict is that the social harm from Vioxx exceeds $100 billion, before thousands more join in the treasure hunt. Pfizer's Celebrex and Bextra could easily be next. Understand that no future drug will be free of adverse side effects, nor reach market, without the tough calls that Merck had to make with Vioxx. Your implicit verdict is to shut down the entire quest for new medical therapies. Your verdict says you think that the American public is really better off with just hot-water bottles and leftover aspirin tablets....
(Excerpt) Read more at online.wsj.com ...
PM, reference our discussion of the other day, this would be good ammo for your position. X.
I can truly pity someone who has come to depend on the availability of a miracle drug that treats pain and enables him to live a normal life, only to have that drug made suddenly unavailable through a caprice of government. It's positively cruel.
Exactly.
Merck lost big because they committed fraud. It wasn't just a case of "tough calls". And I say this as a Merck stockholder.
I am glad the WSJ disclosed that Mr. Epstein consults with the pharmaceutical industry (does not mean his opinion is any less valid, it just makes the piece transparent). I agree about the problems with Merck...they really spun the results of their studies to physicians and tried everything possible to play down the cardiac risks that showed up in the studies...to the point that they did not release some of it until much later...that is why there is little sympathy for them from physicians.
If Merck had been more transparent then I think that it would have been possible to conduct a risk/benefit analysis to better see which patients would benefit from Vioxx with recognition of the increased (but small) cardiac risk. There are some patients who really benefited from Vioxx and now that it is gone are pretty miserable.
Another thing that really upsets me is that Merck was marketing Vioxx (direct to consumer ads) with skaters and everyone else---young people who could well take a regular NSAID (ibuprofen, etc) and for that reason I have less sympathy for them....I am sorry, but there is/was never a reason a 20 year old healthy guy with a strained knee or back needed Vioxx---but by God that is to whom Merck was marketing Vioxx!!!
Another problem with Epstein's piece is that he does not point out that the risk/benefit analysis he discusses was never allowed to come about because of Merck's handling of the study data.
I am glad the WSJ disclosed that Mr. Epstein consults with the pharmaceutical industry (does not mean his opinion is any less valid, it just makes the piece transparent). I agree about the problems with Merck...they really spun the results of their studies to physicians and tried everything possible to play down the cardiac risks that showed up in the studies...to the point that they did not release some of it until much later...that is why there is little sympathy for them from physicians.
If Merck had been more transparent then I think that it would have been possible to conduct a risk/benefit analysis to better see which patients would benefit from Vioxx with recognition of the increased (but small) cardiac risk. There are some patients who really benefited from Vioxx and now that it is gone are pretty miserable.
Another thing that really upsets me is that Merck was marketing Vioxx (direct to consumer ads) with skaters and everyone else---young people who could well take a regular NSAID (ibuprofen, etc) and for that reason I have less sympathy for them....I am sorry, but there is/was never a reason a 20 year old healthy guy with a strained knee or back needed Vioxx---but by God that is to whom Merck was marketing Vioxx!!!
Another problem with Epstein's piece is that he does not point out that the risk/benefit analysis he discusses was never allowed to come about because of Merck's handling of the study data.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.