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Cabraser is one of the nation's leading personal injury law firms
representing clients nationwide in personal injury lawsuits involving
dangerous drugs, medical devices, and other products. |
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News Article Excerpt |
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| July 10, 2006 |
Daily Journal, "Merck Feared $437 Million In Lost Sales; Testimony Targets Firm's Knowledge of Vioxx's Risks" |
Merck & Co. anticipated it could lose nearly a fifth of a projected $2.5 billion in Vioxx sales if its marketing campaign failed to neutralize consumer concerns about cardiovascular risk associated with its once-popular painkiller, a marketing expert testified.
Cornelia Pechmann, a professor of marketing at the University of California, Irvine, said Merck, the drug's manufacturer, identified concerns about heart attack, stroke and other cardiovascular injuries as an obstacle to sales. Marketing research showed those concerns were the main barriers to consumer acceptance of the painkiller, Pechmann testified Friday in Los Angeles Superior Court.
Merck foresaw a $437 million loss in sales if the company did not recalibrate the message to consumers to calm concern, she said.
Learn more about Vioxx injuries and Vioxx lawsuits. |
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| Lieff
Cabraser Heimann & Bernstein, LLP is a fifty-plus
attorney law firm that has represented plaintiffs nationwide
since 1972. We have offices in San Francisco, New York
and Nashville. We represent plaintiffs in class and
group actions and in individual lawsuits in cases involving
substantial losses. For the last six years, the National
Law Journal has selected Lieff
Cabraser as one of the top plaintiffs' law firms in
the nation. |
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LLP, a national plaintiffs' law firm. |
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LIEFF CABRASER HEIMANN & BERNSTEIN, LLP |
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| Notice: Lieff
Cabraser attorneys provide legal advice and practice law for clients in
federal district courts throughout the United States and in state courts
where we are licensed to practice. In states in which our lawyers are not
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Copyright © 2008 Lieff Cabraser Heimann & Bernstein,
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