So you say you don’t like tort lawyers, product liability lawsuits, or personal injury cases? Well, guess what? You need them, as demonstrated (once again) by the headlines in the New York Times!
The New York Times reports that, as early as the fall of 1999, SmithKline Beecham, maker of a popular diabetes medicine called “Avandia”, found out, through studies it conducted, that the drug posed significantly greater cardiac risks than other leading diabetes medicines. So what did they do about it? Let’s see how smart you are with this multiple choice test: Did SmithKline Beecham: (a) stop production of Avandia; (b) call the FDA and informed them; (c) do more studies to make sure; or (d) bury the study, tell no one, and continue to churn out huge profits on the sale of the dangerous medicine.
If you guessed “d”, you get a gold star, not only for getting the right answer, but for understanding how corporate America, with its single-minded profit-lust, works.