Zantac Lawsuit


Researching drug company and regulatory malfeasance for over 16 years
Humanist, humorist

Tuesday, July 10, 2007

Improved Paxil Pediatric Settlement Hits "YouTube" Like a Bad Dream For Glaxo

Video Informs Parents That Clock Is Ticking On $48 Million Payback Fund; Unclaimed Money Will Revert Back to Drug Maker

Source: YubaNet.com

While the maker of Paxil and Paxil CR, GlaxoSmithKline (GSK), was required by law to announce the settlement terms of a parent-driven class action lawsuit in October 2006, it was not required to publicize the fact that those terms were greatly improved and simplified in April 2007. Because of legal actions taken by Public Citizen, many more parents whose children took Paxil before the age of 18 could benefit from the settlement if they only knew about it.

Public Citizen posted a YouTube video to tell these parents that there is a $48 million dollar fund created by GSK to pay them back. Even without receipts, parents can recover up to $100. Any money that is not claimed prior to the August 31, 2007 deadline will revert back to the drug company.

GSK and the FDA warned doctors only last year that Paxil increased suicidal thoughts in this age group, and yet this "popular" anti-depressant has been prescribed to children and teenagers since 1992. Parents believed this information was known and withheld by the company, which opted to settle the case rather than go to trial and be forced to answer some very difficult questions.

Watch the video, spread the word and help parents get the refund they deserve. Visit http://www.paxilpayback.org/

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