NuvaRing was approved by the FDA for sale in the United States in October of 2001 and has been sold by Merck & Co. since.
The contraceptive device was originally developed by Dutch company Organon Pharmaceuticals. In November 2007, Organon was purchased by Schering Plough, which later merged with Merck in 2009 to form Merck & Co.
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 Fosamax, Propecia, 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.
The popular contraceptive device NuvaRing has now been linked to increased risks of blood clots, stroke, DVT and pulmonary embolism. Merck faces more than 1,000 lawsuits from women affected by NuvaRing side effects, with trials set to start in May of 2013.
Lawyers are currently helping those affected by blood clots after using NuvaRing learn their legal options and file claims against the manufacturer.
If you or a loved one suffered a blood clot, pulmonary embolism, DVT or stroke after using NuvaRing, you may be entitled to substantial compensation. Contact us today to speak with a lawyer about your options.