Over on the ZDNet Healthcare Technology Blog ("Where Technology means Business", "Longer, better living through technology") Dana Blankenhorn asks Will Merck settlement kill drug innovation? A lawyer is cited : "Perhaps Merck's management just wanted peace, to lay the litigation and bad PR to rest. But with its shares up 80% in the last two years, the market was showing it believed that the Vioxx problem would turn out OK." and "Merck had a winnable case".
What case?
I sure hope it does kill innovation. This is the sort of innovation we are talking about:
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It is called bad science. Lawyers and shareholders don't seem to care much about that strangely, but they should. That said, Merck has more integrity than most of it's competitors, and I hope it gets out of this mess. Take the Gardasil roll-out : let us hope that is as transparent, non-coercive and as science-based as possible before we have another disaster.
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4 comments:
Annother innovation
"Merck & Co. trained its sales staff to mislead doctors in an aggressive campaign to boost prescriptions for its painkiller Vioxx despite evidence that the drug increased heart attack risks, according to a House committee analysis of company documents."
http://www.sfgate.com/cgi-bin/article.cgi?file=/c/a/2005/05/06/MNGKLCL3V31.DTL
""Commerce" is our goal, here at Tyrell. "More human, than human" is our motto."
Tyrell to Deckard, Bladerunner
Which makes about as much sense as the nonsense that we've been fed, just lately. I'm in uncharted water, now, because I don't know what they're going to do, next, other than concoct some bizarre story, which puts me in the wrong for complaining (and the manner in which I complain, as part of that), as opposed to "them" being in the wrong for giving me somthing fucking huge to complain about!
Matt
Thank you for this. I am surprised there has been so little discussion about this payout (about 50,000 per person killed)
Thank you for this.
I am surprised there has been so little discussion about this payout (about 50,000 per person killed)
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