Paxil is produced and marketed by the British pharmaceutical company GlaxoSmithKline for the treatment of several emotional disorders. It is sold in the United States under the brand name Paxil and in Europe under the name Seroxat.
GlaxoSmithKline, which is also well known as GSK, is the third largest pharmaceutical company in the world behind Johnson & Johnson and Pfizer. The company operates from its headquarters in London and sells medication for major diseases ranging from digestive problems to cancer and mental health.
GSK also operates a large consumer products division which sells over the counter goods like toothpaste and health drinks. The company is traded publicly on the London Stock Exchange and the New York Stock Exchange.
Ranked second largest in net income, GlaxoSmithKline averages over $40 billion per year in sales and $15 billion in profits. The company claims it employs more than 90,000 people around the world.
While GSK has been praised for its charitable donations and efforts to eradicate widespread diseases in developing countries, the company has been no stranger to controversy. In just the past ten years, the company has defended charges of intimidating research doctors, committing fraud on the U.S. government and participating in animal rights violations.
Experts have related the Paxil to serious side effects such as heart-defect birth defects in infants of mothers taking the drug as well as suicidal, homicidal or otherwise violent behaviors in some users. Since it was released in 1992, over 5,000 people have filed lawsuits against GlaxoSmithKline claiming serious side effects caused by the drug.
If you are taking or have taken Paxil in the past and believe the drug has caused side effects such as birth defects, suicidal or violent behavior, or severe withdrawals, contact us today to discuss your legal rights. Time is limited to file a lawsuit.
Legal experts estimate that GlaxoSmithKline has paid nearly $1 billion to resolve lawsuits over the side effects that may have been caused by Paxil. These include cases filed for the suicide, attempted suicide or addiction of someone taking the drug, and heart defects in infants of parents who have taken the drug in the past.
If you or someone you love has been affected by a serious side effect of Paxil, Contact us today to speak with an attorney. We are available 24 hours a day to answer your questions, discuss your legal options and whether you may have a case for your damages.