Take the Diabetes Health Pump Survey
See What's Inside
Read this FREE issue now
For healthcare professionals only
  • 12 Tips for Traveling With Diabetes
See the entire table of contents here!

You can view the current or previous issues of Diabetes Health online, in their entirety, anytime you want.
Click Here To View

See if you qualify for our free healthcare professional magazines. Click here to start your application for Pre-Diabetes Health, Diabetes Health Pharmacist and Diabetes Health Professional.

Learn More About the Professional Subscription

Free Diabetes Health e-Newsletter
Latest
Popular
Top Rated
Type 2 Issues Archives
Print | Email | Share | Comments (0)

If You've Taken Zetia or Vytorin, There Might Be $$ Headed Your Way

Nov 5, 2009

Zetia and Vytorin; No more effective, but certainly higher priced.

If you bought Vytorin® and/or Zetia® to lower your cholesterol between November 1, 2002, and September 17, 2009, you may be entitled to some money. A lawsuit against Merck & Co., Inc., Schering-Plough Corporation, Merck/Schering-Plough Pharmaceuticals, and other defendants has reached a proposed settlement in the United States District Court for the District of New Jersey. The lawsuit, according to vytorinzetiasettlement.com (the authorized website for the settlement), claims that Vytorin and Zetia "were marketed as being more effective than other anti-cholesterol drugs and were sold at higher prices, when they were no more effective than less expensive anti-cholesterol drugs". The defendants, according to the website, "deny any wrongdoing and are settling this lawsuit to avoid the costs and expenses of further litigation."

Consumer Information

You can participate in the proposed settlement if you paid some or all of the purchase price for Vytorin or Zetia from November 1, 2002, through September 17, 2009. Consumers will share $12,450,000 of the settlement amount left after the attorneys have taken their cut. The remaining amount will be paid to consumers based on the amount they paid for the drugs and in proportion to what was paid by all consumers who submit eligible claims. More information

Your options in the settlement:

1.    Do nothing. If you don't file a claim by April 1, 2010, you will not receive any payment.

2.    File a claim by submitting a claim form. You must submit a valid claim form postmarked by April 1, 2010. 

3.    Exclude yourself and keep your right to sue on your own. More info.

4.    Object to or comment on the Settlement. More info

Third-Party Payors 

If you are a Third-Party Payor who reimbursed or paid for Vytorin and Zetia from November 1, 2002, through September 17, 2009, you can find more information here.

The Court will hold a Fairness Hearing on February 8, 2010, to consider if the proposed Settlement is fair, reasonable, and adequate, and will also consider the request for an award of attorneys' fees and expenses.

Source: VytorinZetiaSettlement.com


Categories: Legal, Medications, Pre-Diabetes, Type 2 Issues



You May Also Be Interested In...


Comments


Add your comments about this article below. You can add comments as a registered user or anonymously. If you choose to post anonymously your comments will be sent to our moderator for approval before they appear on this page. If you choose to post as a registered user your comments will appear instantly.

When voicing your views via the comment feature, please respect the Diabetes Health community by refraining from comments that could be considered offensive to other people. Diabetes Health reserves the right to remove comments when necessary to maintain the cordial voice of the diabetes community.

For your privacy and protection, we ask that you do not include personal details such as address or telephone number in any comments posted.

Don't have your Diabetes Health Username? Register now and add your comments to all our content.

Have Your Say...


Username: Password:
Comment:
©1991-2014 Diabetes Health | Home | Privacy | Press | Advertising | Help | Contact Us | Donate | Sitemap

Diabetes Health Medical Disclaimer

The information on this site is not intended or implied to be a substitute for professional medical advice, diagnosis or treatment. All content, including text, graphics, images, and information, contained on or available through this website is for general information purposes only. Opinions expressed here are the opinions of writers, contributors, and commentators, and are not necessarily those of Diabetes Health. Never disregard professional medical advice or delay seeking medical treatment because of something you have read on or accessed through this website.