He pointed to a well-known case of a Texas fen-phen user with minor injuries who snagged a $2 million settlement after a jury awarded her $23 million. “It just shows you the exposure there,” Benjamin said. “And AHP is not broke.
Full Answer
What is the Ford fen phen settlement?
Fen-Phen Maker to Pay Billions In Settlement of Diet-Injury Cases. Under the settlement -- one of the largest ever in a product liability case -- people who used one of the diet drugs for 60 days or less would be eligible for $30 to $60 prescription refunds, while those who have a heart valve injury could receive as much as $1.5 million.
What does the fen-phen settlement mean for You?
The fen-phen settlement also represents a bit of unusual legal maneuvering. It is rare for a national class-action settlement to allow participants to ''opt out'' and pursue an individual case at three separate points.
How many people have been sued for fen-phen?
Since the drugs were pulled off the market, some 6,500 lawsuits encompassing 11,000 people have been filed. Yesterday's settlement covers all of the six million who took fen-phen, but only those who are found to have heart valve problems can collect from an injury award fund that the company will establish.
Can I file a fen-phen lawsuit for PPH?
There is no cure for PPH. Even if you took Fen-phen back in 1997, like Patricia and her husband did, and are just now developing symptoms of PPH, you may be eligible to file a Fen-phen lawsuit. Patricia is filing a Fen-phen claim on behalf of her deceased husband and herself.
How long does a pharmaceutical lawsuit take?
With these types of cases, it is typical for cases to take 2-4 years, and possibly longer, for full and final resolution.
What is the fen-phen lawsuit?
Millions of people had taken fen-phen, and thousands of lawsuits were filed against American Home Products for cardiovascular injuries. In August 2000, the court approved a settlement with American Home Products for $4.75 billion to cover both medical monitoring and compensation for patients who suffered damages.
Why was fen-phen taken off the market?
The FDA ordered fenfluramine and dexfenfluramine off the market in September 1997 after those drugs were linked to heart valve problems. Fenfluramine was one of the ingredients in "fen-phen," and dexfenfluramine is closely related to fenfluramine.
Who made Fin Fin?
Fin Fin was produced by Makoto Tezuka. Fujitsu Interactive, Inc. Fujitsu Interactive, Inc. Fin Fin responds to the player's tone of voice and volume of the voice - one reviewer describing Fin Fin as a 'virtual mood ring'.
Does Phen Phen still exist?
Fen-phen is no longer widely available.
Was Fen-Phen approved by the FDA?
Even though the FDA never approved Fen-Phen for safe use, manufacturers quickly produced the drug to meet the rising demand from patients around the country. Not long after Fen-Phen was introduced, another version of fenfluramine called Redux® entered the market.
Is there a substitute for Fen-Phen?
But a small drug maker, Arena Pharmaceuticals, said today at the JPMorgan Healthcare Conference that they have a compound that will work like Fen-Phen, but without the side effects. It's called lorcaserin, and halfway through its final stage of clinical trials, so far, so safe.
Can phentermine cause permanent heart problems?
The possible link between phentermine and heart failure stems from rare reports of valvular heart disease in people who took the drug. The medication also may cause pulmonary hypertension, which can be fatal.
Does phentermine show in blood test?
Adipex can be detected in the blood, urine, and hair. The SAMHSA amphetamine test on the 5-panel urine test is the most common test administered. Hair follicle tests and blood tests are less common but may also be used.
Why do dentists ask about Phen Fen?
The concern for dental professionals is determining who has taken Fen-Phen and who is at risk for such valve damage. It means we must not only ask patients what drugs they currently are taking, but what drugs they have taken in the past and how long they took the drugs.
Is phentermine similar to PhenQ?
PhenQ takes on obesity head-on, but unlike phentermine, which only reduces appetite, this supplement targets weight loss in a five-pronged approach starting with fat storage blockage and ending with an uptick in energy and mood.
Is fenfluramine still available?
Fenfluramine was withdrawn from the U.S. market in 1997 after reports of heart valve disease and continued findings of pulmonary hypertension, including a condition known as cardiac fibrosis.
Is Phentermine hard on your kidneys?
Phentermine can cause elevation of the blood pressure and this can hasten the deterioration of kidney function.
How long does it take for phentermine to take effect?
Phentermine takes about three to five days to build up in the system (to what is called a steady state ), which is why some people report not feeling its full effect until being on it for several days.
Why was the Fen Phen lawsuit thrown out?
Wyeth Pharmaceuticals (the company that invented the drug) attorneys argued that the cases should be thrown out because the plaintiffs had no evidence that Fen-phen could cause PPH more than a decade after the pills were discontinued.
Is there a cure for PPH?
Judge Bartle determined that enough scientific evidence supported the latent PPH argument, which is extremely good news for the plaintiffs and countless other Fen-phen users who are now suffering from life-threatening PPH, a severe lung disease that causes progressive lung and heart damage, and often leads to heart failure. There is no cure for PPH.
Is there a Fen Phen camp?
Now a judge has ruled that both camps may be eligible to file a claim.
Can you sue Fen Phen?
It's good to know that fen-phen users haven't lost their ability to sue just because they weren't suffering from PPH or valve damage at the time of the original settlements.
How many lawsuits have been filed against Fen Phen?
Since the drugs were pulled off the market, some 6,500 lawsuits encompassing 11,000 people have been filed. Yesterday's settlement covers all of the six million who took fen-phen, but only those who are found to have heart valve problems can collect from an injury award fund that the company will establish. The agreement, which must be approved by United States District Court Judge Louis C. Bechtle of Philadelphia, also has some strings attached.
How long will the Fen Phen fund be open?
The fund will remain open for up to 16 years, leaving American Home Products liable for a higher payout. Plaintiff's lawyers calculated yesterday that with interest, American Home Products could pay as much as $4.83 billion. That would put fen-phen as one of the highest product injury settlements ever, dwarfing the $3.2 billion Dow Corning paid last year to settle its silicone breast implant claims.
How much did the American Home Products Corporation pay for the Fen Phen lawsuit?
The American Home Products Corporation agreed yesterday to pay $3.75 billion in total to thousands of people who contend they were injured by taking the popular diet pill combination fen-phen. Under the settlement -- one of the largest ever in a product liability case -- people who used one of the diet drugs for 60 days or less would be eligible ...
What happened to Pondimin and Redux?
Pondimin and Redux depressed appetite, while the other drug in the combination, phentermine, increased the rate at which calories were burned. Doctors at the Mayo Clinic reported heart valve defects in the summer of 1996. Since the drugs were pulled off the market, some 6,500 lawsuits encompassing 11,000 people have been filed.
How much did American Home Products take from third quarter earnings?
American Home Products said yesterday that it would take a $3.29 billion after-tax charge against third-quarter earnings to pay for the settlement. Analysts were optimistic that the company's stock would increase now that it had moved aggressively to put the fen-phen liabilities behind it.
How many people took Pondimin?
Some six million people took the diet drugs Pondimin, American Home Products' brand name for fenfluramine, the ''fen'' in fen-phen, and Redux, a similar drug. The drugs were hailed earlier in the decade as miracle pills for obesity, as an alternative to pure diet and exercise. Diet centers actively promoted the pills to ...
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