Honda has reached a $605 million economic loss settlement which will cover up to 16.5 million vehicles that were built with the defective Takata airbags. This settlement is meant to cover different types of economic damages caused by the airbags, such as consumers overpaying for vehicles that had substandard or defective airbags. It also covers…
A recent announcement by the Food and Drug Administration warns women that breast implants can cause a rare type of cancer, anaplastic large cell lymphoma (ALCL), which is classified as non-Hodgkin’s lymphoma. According to the announcement made by the FDA, there have already been at least nine deaths which have been directly linked to breast…
Millions of Americans rely on proton pump inhibitors (PPIs), both prescription and over-the counter (OTC) brands, as a way to help alleviate the symptoms that are caused by heartburn. But what many PPI users do not realize is that these drugs may cause serious injuries to kidneys which can result in long-term – even fatal…
The Food and Drug Administration (FDA) is the government agency that is in charge of testing and approving new drugs before they can become available for doctors to prescribe to patients. In 1992, a new law was passed, Prescription Drug User Fee Act, which allowed the FDA to accept a fee from drug companies when…
AstraZeneca last week announced that it would pay a total of $520 million to settle federal and whistleblower charges that it had improperly marketed its medication Seroquel. The size of these combined settlements, first reported in the New York Times, may seem large. Compared with the $1.4 billion Eli Lilly agreed to pay in fines…