[-dustin]

http://www.marketwatch.com/news/story.asp?guid={F9CA3297-93E3-4B0C-AA21-A1EF41A85D2F}&siteid=google

damn! that's a lot of tubes.

Merck has set aside, reportedly, $4b, and they've got like 4000 more suits against them. doh!

 

[reflux]

When the guilty verdict was read, the wife wept and the attorneys yeld "Amen!!!"


The newspaper didn't hear what the attorneys really said: "Amen!!! Quick, what's 40% of the $253M?"

 

[JRB]

I am at a loss as to how anything is worth that much???

*they should just make something to kill the world now.

 

[Potroast88]

That just means that the already inflated prices for prescription drugs are going to escalate even more.

 

[Austin Bike]

Had a long discussion with a guy at work about big verdicts like this. It's a chicken and egg thing. With a verdict like this, prices will go up, but without a verdict like this more people would die.

We lose either way.

 

[Sandwich]

What they should do is put ALLLLLLL the settlement money into a fund to sponsor orphan drugs that CURE diseases instead of treat them.

Why are we spending so much dough on war and the military? What we need more of is SCIENCE. Seriously, 4b$ would fund a lot of research that could do a pretty reasonable dent in our list of diseases.

Also, with this news, companies are going to reduce spending of frontline research. I'm witnessing it happen as we speak; the company I used to work for may be going under. They research novel anti-cancer agents but because of this lawsuit Merck can't afford to fund their research any longer. That one settlement could have funded the company for a few years.

Gah, america is dumb.

(PS. Sorry for the rant, Biotech is my ****, and it disappoints me to see this happen.