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Supreme Court Exempts Drug Companies from Lawsuits

 
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liesnalibis View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote liesnalibis Quote  Post ReplyReply Direct Link To This Post Posted: Mar 01 2014 at 11:21pm
^^^^If that is the case then I guess they planned to be sued and decided it was worth it? Is that what you're saying? Interesting.

Edited by liesnalibis - Mar 01 2014 at 11:21pm
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ms_wonderland View Drop Down
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Post Options Post Options   Thanks (3) Thanks(3)   Quote ms_wonderland Quote  Post ReplyReply Direct Link To This Post Posted: Mar 01 2014 at 11:29pm
i'm kind of proud of myself for remembering Lochner v. NY. LOL

such an odd & scary judgment for a nation so dependent on drugs.  #marijuananeverhurtanybody.
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Post Options Post Options   Thanks (2) Thanks(2)   Quote ragincajin Quote  Post ReplyReply Direct Link To This Post Posted: Mar 01 2014 at 11:36pm
Originally posted by trudawg trudawg wrote:

Exactly. They know about the side effects and dangers well before they hit the market. They do a cost benefit analysis and determine the profit margins will outweigh the harm done or lives lost long before someone suffers from flesh eating side effects.


You said it! Well planned in advance. They plan for X amount of hundreds of millions and out of that, they know they'll have to pay plaintiff's attorneys Y amount of money. They ALWAYS win. Like casinos. They take in way more than they give out. Evil game.
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Post Options Post Options   Thanks (1) Thanks(1)   Quote trudawg Quote  Post ReplyReply Direct Link To This Post Posted: Mar 01 2014 at 11:37pm
Originally posted by liesnalibis liesnalibis wrote:

^^^^If that is the case then I guess they planned to be sued and decided it was worth it? Is that what you're saying? Interesting.


Hells yea! This conservative SC already put a cap on punitive damages, stating it's violation of due process, so profits will likely proceed any judgment against them.

Aw sh*t, look at Ms_wonder with her caselaw and cites down packedWink
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ragincajin View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote ragincajin Quote  Post ReplyReply Direct Link To This Post Posted: Mar 01 2014 at 11:37pm
Originally posted by ms_wonderland ms_wonderland wrote:

i'm kind of proud of myself for remembering Lochner v. NY. LOL

such an odd & scary judgment for a nation so dependent on drugs.  #marijuananeverhurtanybody.


You go girl!!

ETA: On the case law that is!
Can't judge on the maryjane Smoke isn't good for asthmatics!!

Edited by ragincajin - Mar 01 2014 at 11:39pm
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melikey View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote melikey Quote  Post ReplyReply Direct Link To This Post Posted: Mar 02 2014 at 11:35am
i found this curious so i looked it up. this ruling applies to generic drug makers. the drug makers of the brand name can still be liable for lawsuits. 

i am on the fence about this. because it's a double edged sword. i think that differentiating the brand name and the generic by saying the generic is harmful but not necessarily the brand name could be used a pretense to keep generic drugs off the market. that's far worse IMO.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote ThoughtCouture Quote  Post ReplyReply Direct Link To This Post Posted: Mar 02 2014 at 11:50am
i'm confused.  melikey i thought your research (i didn't do any myself lol) showed that brand name drugs can STILL be sued and held liable.  seems like that would make them (brand name) potentially more expensive...not the other way around.

Edited by ThoughtCouture - Mar 02 2014 at 11:51am
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Post Options Post Options   Thanks (0) Thanks(0)   Quote melikey Quote  Post ReplyReply Direct Link To This Post Posted: Mar 02 2014 at 11:51am
Originally posted by ThoughtCouture ThoughtCouture wrote:

i'm confused.  melikey i thought your research (i didn't do any myself lol) showed that brand name drugs can be sued.  seems like that would make them (brand name) potentially more expensive...not the other way around.

brand name prices should stay the same as this is the status quo. the problem is that if they knock out the generic competition through lawsuits by saying the generic isn't as good or as safe consumers will be stuck with paying brand name drug prices indefinitely because there is no competition. 
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Post Options Post Options   Thanks (0) Thanks(0)   Quote ThoughtCouture Quote  Post ReplyReply Direct Link To This Post Posted: Mar 02 2014 at 12:03pm
but the brand names can STILL be sued and held liable after this verdict, right?   => more costs => higher prices. 
 
generic brands would have cheaper cost if they cannot be sued and/or held liable.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote ThoughtCouture Quote  Post ReplyReply Direct Link To This Post Posted: Mar 02 2014 at 12:06pm

or are you saying that consumers will ultimately eventually select the brand name (regardless of price) over generic for added protection of being able to sue them (the brand name)?



Edited by ThoughtCouture - Mar 02 2014 at 12:07pm
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