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J&J Can't Settle Ortho-Evra Birth Control Patch Cases Fast Enough

J&J Can't Settle Ortho-Evra Birth Control Patch Cases Fast Enough

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J&J Can't Settle Ortho-Evra Birth Control Patch Cases Fast Enough

More than 500 claimants are seeking "substantial compensatory and, where available, punitive damages," from Johnson & Johnson for injuries and deaths related to the Ortho Evra birth control patch, according to the company's Second Quarter Report filed with the SEC.

However, if legal analysts are correct, J&J ain't seen nothin yet.

Based on the millions of prescriptions written for the Ortho Evra patch since it came on the market in 2002, critics say there are thousands of victims who do not yet realize that an injury or death was caused by the patch.

FDA Needs To Ban Accutane

FDA Needs To Ban Accutane

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Unfortunately hundreds of parents already know that Accutane can cause some teenagers to commit suicide, but new evidence of a link between the acne drug and depression in the journal, Neuropsychopharmacology, will hopefully put an end to the years of claims by Hoffman-LaRoche that its drug is not responsible for the suicides.

Scientists from Bath University, with the University of Texas in Austin, reveal in the journal, Neuropsychopharmacology that experiments conducted on mice show that Accutane makes the rodents behave in ways recognized as depression.

Isotretinoin is a synthetic retinoid used as an oral treatment for severe nodular acne that has been linked with depression and suicide in patients. Isotretinoin is also sold under the brand names of Accutane, Roaccutane, Amnesteem, Claravis and Sotret.

Merck Insurance Carriers Jump Ship Over Vioxx Disaster

Merck Insurance Carriers Jump Ship Over Vioxx Disaster

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According to Merck's August 7, 2006, SEC filing, "At this time, the Company believes that its insurance coverage with respect to the Vioxx Lawsuits will not be adequate to cover its defense costs and any losses."

In addition, Merck says it has not established any reserves for potential liability relating to the Vioxx lawsuits or investigations, including for those cases in which a verdict has been entered against the company, and are now in post-verdict proceedings or on appeal.

According to the filing, Merck has product liability insurance for claims brought in the Vioxx Product Liability Lawsuits with upper limits of about $630 million after deductibles and co-insurance. This insurance provides coverage for legal defense costs and potential damage amounts that have been or will be incurred in connection with the Vioxx Product Liability Lawsuits.

Wal-Mart to sell over 300 Generic Prescription Medications for under $4

Wal-Mart to sell over 300 Generic Prescription Medications for under $4

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Wal-Mart is driving a hard bargain for competitors in the Pharmacy by offering 300 different generic prescription drugs for $4 for a months supply. The average price for generic medication ranges from $10 - $30.

Currently Wal-Mart has started doing a test run in 65 stores in the surrounding area of Tampa, Florida. If it is successful Wal-Mart will continue to offer the discounted rates to other Wal-Mart stores next year.

The prescription medications include commonly used medications to treat allergies, high blood pressure, cholesterol, and diabetes. The $4 price is for both the insured as well as the uninsured.

Effective Leadership - A 22 Question Leadership Test

Effective Leadership - A  22 Question Leadership Test

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“Do not let what you cannot do interfere with what you can do.” John Wooden

There’s a big difference between just being a team leader, and leading so that people will willingly want to follow you. The real leadership test is influence. For example, what if you were employed with a volunteer organization, and your employees’ livelihoods, perks and benefits were not based on whether or not they did what you asked? Would they still do as you say? Do you think they admire, respect and trust you as a role model, mentor and team leader?

Leadership Test: Below are 22 questions to ask yourself about how you are performing as a leader. Do you demonstrate honesty, credibility and competence? You may also want to pass this leadership assessment on to your team. How well are they performing compared with other team members? Consider using this leadership test in performance reviews and for discussions in meetings.

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