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Just Answers - How Much Money Is Your Malpractice Case Worth?
Every injured victim that walks into a lawyers office wants to know how much their case is worth. Some don't really care about the money; some want revenge. Some want the doctor's license revoked; some want the hospital p
According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product
unished. Then again, some want total and full compensation.
"YOUR CASE IS WORTH $2 MILLION DOLLARS," says Jim Bob, Lawyer extraordinaire. "Oh no, your case is worth more than that," says lawyer Dewey Cheatem. "Just sign
"YOUR CASE IS WORTH $2 MILLION DOLLARS," says Jim Bob, Lawyer extraordinaire. "Oh no, your case is worth more than that," says lawyer Dewey Cheatem. "Just sign
; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.
Examples of combination products may in
Examples of combination products may in
right here with me and I promise you I'll get you millions!" screeched the TV advertising lawyer.
Whatever the motivation, a civil lawsuit for medical malpractice and personal injury seeks money for the injured victim. But
Whatever the motivation, a civil lawsuit for medical malpractice and personal injury seeks money for the injured victim. But
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
ow are you to know how much your injury is worth?
The answer is not so easy to answer, and here's why...
If you listen to each of those attorneys above, they all promise you something that they can't do. How do I know? Jus
The answer is not so easy to answer, and here's why...
If you listen to each of those attorneys above, they all promise you something that they can't do. How do I know? Jus
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
ask each of them to put that guarantee IN WRITING. They'll never do it. That I guarantee!
In every State, and in every County there are multiple factors that go into the mix to determine what your case is worth. It is impo
In every State, and in every County there are multiple factors that go into the mix to determine what your case is worth. It is impo
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
tant to remember that no two cases or injuries are the same. Having said that, I'm going to explain the basics:
1. Economic loss: This one is easy. How much money did you lose because you were injured? Were you out of wo
1. Economic loss: This one is easy. How much money did you lose because you were injured? Were you out of wo
ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc
k for days, weeks or months? Did your employer pay your salary during that time? If not, you can calculate the amount of money you would have been paid had you not been injured.
What if you have a permanent disability t
What if you have a permanent disability t
easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi
at prevents you from working in the future? Well, now things get a little more complicated. Your lawyer will need to hire an economist to predict what your earnings would have been for years into the future. He will also hav
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
to predict what perqs and benefits you'd have received if you worked to retirement age.
This gives us hard numbers that we can use to show the extent of your permanent injury.
But what if you didn't lose time or money fro
This gives us hard numbers that we can use to show the extent of your permanent injury.
But what if you didn't lose time or money fro
and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ
work? What if you were a housewife (or househusband), or unemployed at the time of the injury? Does that mean that you're not entitled to collect any economic loss? Yes. But all is not lost. There is still pain and sufferin
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
, and possible claims for loss of services that I'll explain in a moment.
2. Pain & Suffering: How do we know that your fractured hip in Brooklyn, New York is worth the same as in Cincinatti, Ohio? Your lawyer is usually
2. Pain & Suffering: How do we know that your fractured hip in Brooklyn, New York is worth the same as in Cincinatti, Ohio? Your lawyer is usually
ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.
Following aspects would a
Following aspects would a
able to do research which will tell him (or her) what similar cases have settled for or resulted in jury verdicts and appeals.
Here are important points to know which will help you answer the original question, 'how mu
Here are important points to know which will help you answer the original question, 'how mu
dd to the challenges in developing combination products:
Which markets to tap where the combination products can do fairly well?
Which combination prod
Which markets to tap where the combination products can do fairly well?
Which combination prod
h is your case worth?':
1. What is your race or nationality?
2. What town do you live in?
3. What is the race or nationality of the people you have sued?
4. What County have you brought your lawsuit in?
5. How old are y
1. What is your race or nationality?
2. What town do you live in?
3. What is the race or nationality of the people you have sued?
4. What County have you brought your lawsuit in?
5. How old are y
cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
u?
6. What is your life expectancy (based upon statistical tables)?
7. How long were you in the hospital?
8. Over what period of time have you received medical care for your injuries?
9. What problems do you still have f
6. What is your life expectancy (based upon statistical tables)?
7. How long were you in the hospital?
8. Over what period of time have you received medical care for your injuries?
9. What problems do you still have f
tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
om your malpractice?
10. How are you disabled or limited from doing those daily activities that you used to be able to do?
11. Do you have kids?
In the case of an 80 year old woman who fractures her leg, her case has less
10. How are you disabled or limited from doing those daily activities that you used to be able to do?
11. Do you have kids?
In the case of an 80 year old woman who fractures her leg, her case has less
t?
As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel
As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel
value than say, a 35 year old executive who lost 1 month from work, was in the hospital for 3 weeks and now limps from the injury.
Take a look at a recent settlement in New York City...
It involved a young man who had both
Take a look at a recent settlement in New York City...
It involved a young man who had both
ping new procedures for reviewing their safety, efficacy and quality.
Professional from academic institutions, pharmaceutical industries, health care indust
Professional from academic institutions, pharmaceutical industries, health care indust
legs amputated when the Staten Island Ferry crashed because of negligence of the crew. The City of New York decided that this injury was worth almost $9 Million dollars. This was one of the largest settlements ever for an in
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
ured victim in New York. Why is his injury worth more than a family who lost their father when doctors misdiagnosed his lung cancer?
The answers can be confusing. The answer can also depend on which lawyer you hire and how
The answers can be confusing. The answer can also depend on which lawyer you hire and how
.
As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de
As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de
xperienced he (or she) is in negotiating and trying cases.
So beware the lawyer who tells you what your case is worth as soon as you walk in the door. A thorough investigation of your case, your injuries, your disabilities
So beware the lawyer who tells you what your case is worth as soon as you walk in the door. A thorough investigation of your case, your injuries, your disabilities
elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.
Companies that provide selfless information through particip
Companies that provide selfless information through particip
and limitations all go into the mix to determining what your case is worth. Even then, there's no guarantee you can get that magical number. But try you must. Remember, keep an open mind and ask your lawyer lots of questions
tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products
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