Takeda is the maker of the diabetes drug Actos, which has been linked to bladder cancer and other serious health problems. The company insists that it followed all safety protocols and that the benefits of the drug far outweigh its risks. Takeda recently settled approximately 9,000 bladder cancer lawsuits for $2.37 billion. Experts believe that one of the strongest motivations for the company to settle is the fact that the earliest Actos trials resulted in… read more →
Bicycle manufacturer Trek recently announced a massive recall of nearly one million bicycles in the United States and Canada. The recall comes on the heels of three separate injuries, one of which left a cyclist paralyzed from the neck down. The problem with the recalled Trek bicycles involves a quick release lever that is located on the front wheel. This lever allegedly interferes with the bike’s disc brakes, and may cause the wheel to stop… read more →
Recent research reveals Tort Reform does not negatively effect health care costs Those who are concerned with rising health care costs often advocate for tort reform, claiming it will make health care more affordable by reducing frivolous lawsuits. Some even claim that tort reform will increase the number of doctors in a given area, since physicians are naturally drawn to regions where they feel protected. A study performed in Texas shows there may not actually… read more →
Auto Recalls Double The Record in 2014 Recognizing their potential liability, automakers are now issuing more recalls than ever before, and actually set a record for doing so in 2014. According to information from the Associated Press, there were 803 recalls affecting more than 64 million vehicles, far surpassing the previous record of 30.8 million in a single year. General Motors Leads the Pack for most Recalls Recalls of General Motors vehicles far surpassed those… read more →
The FDA states they are responsible for US drug safety According to its official website, the Food and Drug Administration (FDA) is responsible for “assuring the safety, efficacy and security of human and veterinary drugs”, among other things. Having an agency responsible for ensuring drug safety should mean that medications approved for public use are safe; however, that may not necessarily be the case. In fact, there is increasing evidence that the FDA might actually… read more →
