New medications carry the risk of unknown side effects, severe reactions, and possibly death. If you have been the victim of a defective drug, you may have legal claim that may take years to settle. When you are struggling to pay bills and meet living expenses, litigation funding may be the answer you and your family have been looking for.
For more information about current laws and lawsuits involving dangerous drugs, visit Drugwatcher, a comprehensive guide with all the information you may need about common drug and medical device lawsuits.
Legal Funding Provides Financial Assistance
Legal funding companies do not provide loans. They offer “non-recourse funding.” If you receive funds from a pre-settlement funding company like LawCash, you will not have to repay the lawsuit funds unless you settle or win your case.
After taking a defective medication, you may experience health issues and be unable to work. If you have unexpected bills or cannot make daily expenses, you can rely on litigation funding to support your family. With pre-settlement funding from LawCash, there are no monthly payments. Completing the application process for litigation cash is a quick and easy when you have an active or pending lawsuit.
When Precautions Fail
According to the U.S. Food and Drug Administration, the approval process for a new drug is lengthy and complex. Much of the data relied upon by the FDA comes from clinical trials and research done by the drug manufacturer.
Pharmaceutical companies take precautions to ensure a new drug is safe and effective, but even long-term trials fail to reveal every problem. People respond differently to medications and not every medication can be studied in conjunction with all prescription and over-the-counter drugs.
Consumers Can Sue Over Faulty Drugs
A defective medication that causes new medical problems, injury, or death gives rise to what attorneys call a “cognizable claim.” You may have a legal right to compensation and punitive damages and pursue an individual claim or join a class-action lawsuit.
Where a medication has caused you pain, suffering, and medical complications, you may be able to sue under a state’s product liability laws.
Pharmaceutical product liability laws allow you to sue because the drug:
- design was faulty
- manufacturing process was defective
- warnings or instructions were defective
In some circumstances, you may have a medical malpractice claim against the doctor who prescribed the medication. Additionally, exemption rules for generic drugs leave consumers at risk.
The best way to proceed with your suit is to seek the advice of a lawyer with experience in pharmaceutical lawsuits.
Your Health is Your Most Valuable Asset
Protecting yourself and your health by taking legal action is time consuming and costly. Pharmaceutical companies can delay litigation for years. However, litigation funding may be the answer to your financial difficulties during this time.
When you have medical problems, a lengthy lawsuit can compound your health issues. Do not let your finances add any unnecessary complications. If you need cash now, rely on a legal funding company and call us at 1-800-LAW-CASH (1-800-529-2274) to apply for the assistance you and your family need.