Word: dalkon
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...major American pharmaceutical companies have all but abandoned the field. Of the nine doing research in contraceptives 20 years ago, only one (Ortho Pharmaceutical) is still active. The others have been scared off by the fear of costly lawsuits like the one that drove the maker of the Dalkon Shield, an intrauterine device, into bankruptcy, and by public controversy such as that surrounding RU-486, the French "abortion pill...
...take up to $50 million and as long as 15 years to move a contraceptive from the laboratory to approval for use in the U.S. What really frightens pharmaceutical companies, however, is the threat of liability suits, like the legal barrage that drove A.H. Robins into bankruptcy after its Dalkon Shield intrauterine device was found to have damaging side effects. No wonder that of the nine major U.S. firms that were conducting contraceptive research 20 years ago, only one is still doing...
...Paul awarded $8.75 million to a woman hurt by a Copper-7 intrauterine contraceptive device manufactured by G.D. Searle, a Monsanto subsidiary. The penalty raised a question: Could Monsanto go the way of A.H. Robins, which was forced into bankruptcy proceedings because of lawsuits generated by its Dalkon Shield...
Officials at G.D. Searle must have watched with concern three years ago when a raft of lawsuits forced bankruptcy on A.H. Robins, maker of the Dalkon Shield intrauterine birth-control device. With good reason: from 1974 to 1986 Searle sold in the U.S. the Copper-7, an IUD that, like the Dalkon Shield, has been suspected of causing serious illnesses or injuries in some users...
...bankruptcy court required Robins to conduct a media campaign to ; alert all Dalkon Shield users about its dangers. That resulted in 190,000 more claims that have to be settled. Last month Judge Robert Merhige Jr. of the U.S. District Court in Richmond ordered the company to put $2.48 billion into a trust fund to cover Dalkon Shield claims. That is not an absolute cap on what Robins will have to pay, but it represents the best estimate of the company's liability...