NJLRA Statement on Today's U.S. Supreme Court's Decision in Wyeth...( TRENTON N.J. March 4 -- The followin...),Health

TRENTON, N.J., March 4 /PRNewswire-USNewswire/ -- The following statement in response to today's U.S. Supreme Court decision is from Marcus Rayner, executive director of the New Jersey Lawsuit Reform Alliance.

"We are extremely disappointed in today's Supreme Court decision, which is certain to open the floodgates to new lawsuits around the country. This ruling sets the dangerous precedent that 50 state courts with different rules and standards are better equipped to make medical decisions than an expert, unbiased regulatory body.

"The damaging effects on consumers will be many. Bringing new pharmaceutical therapies to the market will become even slower and more expensive. Innovation will decline, stifling the development of valuable new products.

"Ultimately, Americans will be stuck with fewer health care options and higher prices at the worst possible time. NJLRA will continue to monitor future court cases and fight legislation that would vastly expand liability and jeopardize innovation."

The New Jersey Lawsuit Reform Alliance (NJLRA) is a statewide, bipartisan group of businesses, individuals and organizations committed to improving the State's civil justice system by advocating for legal reforms in the legislature and in the courts. NJLRA believes a balanced civil justice system is critical to ensuring fair and open courts, maintaining and attracting jobs and fostering economic growth in New Jersey. NJLRA is the only organization in New Jersey dedicated exclusively to civil justice reform.

    Contact:

    Marcus Rayner
    New Jersey Lawsuit Reform Alliance
    609-392-6557

    Ernest Landante, Jr.
    Novita Issue Communications
    609-989-1000