Merck & Co.
Januvia is manufactured by pharmaceutical company Merck & Co. and has been sold in the United States since approval by the FDA in 2006.
Merck is one of the seven largest pharmaceutical companies in the world. It is headquartered in Whitehouse Station, New Jersey. The company employs around 51,000 people in 120 countries with 31 factories worldwide.
Merck was originally founded by Friedrich Jacob Merck as a drug store in Darmstadt, Germany in 1668, and expanded into a chemical-pharmaceutical materials factory by his ancestors. In 1891, George Merck immigrated to New York and established the United States branch of the family business.
The German division was later confiscated in 1917 for war reparations following WWI and re-established as an independent American company. However, a German Merck still operates independently today, employing 41,000 people in 67 countries.
Today, Merck sells many well-known medications including Januvia, Fosamax, Propecia, NuvaRing, Singulair, Vytorin and Zocor. The company was one of the first American pharmaceutical companies to offer assistance to those unable to afford its medications, beginning a program in the 1950s.
In 2004, Merck voluntarily recalled the blockbuster arthritis drug Vioxx after clinical trials linked the medication to heart attacks and strokes. The company eventually paid nearly $5 billion to settle around 50,000 patient lawsuits.
In recent years, more than 1,000 women have filed lawsuits over Merck’s contraceptive device NuvaRing, alleging that the birth control caused dangerous blood clot injures like DVT, pulmonary embolism or stroke. Trials for those lawsuits are scheduled to begin in late 2013.
The latest drug from Merck to draw controversy is Januvia, their best-selling diabetes treatment sold in over 80 countries. Health experts have linked Januvia to pancreatitis, kidney failure, thyroid cancer and pancreatic cancer.
Lawyers are currently helping those diagnosed with pancreatic cancer or thyroid cancer file claims against Merck for the company’s failure to properly test their drug or warn patients about the risks.
If you or a loved one were diagnosed with pancreatic or thyroid cancer after taking Januvia, it is important to learn about your legal options. You may be entitled to substantial compensation. However, time is limited. Contact us today to speak with a lawyer.