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McMahon was critical of the thousands of hours Lowey Dannenberg and other firms including Bernstein Liebhard and Cohen Milstein spent reviewing documents.
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"It's embarrassing, " says Dannenberg, who had heard all about bog as shelters.
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"This is the first time in the history of drug development that a compound has been tested first for prevention and then for treatment, " Dannenberg says.
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Even at the higher level, she noted, it is below the 22% Lowey Dannenberg negotiated with its clients and well below prevailing fee awards in class actions in New York.
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For instance, Dannenberg says, Celebrex is being tested in human trials to prevent Barrett's Esophagus, a pre-malignant condition associated with some cases of serious acid reflux (otherwise known as heartburn) that reach up into the esophagus.
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Shareholder class action lawyer Rich ard Dannenberg, who represents the little guy against big corporations, says he was snookered by a Kentucky coal mine tax shelter fraud because, he admits, he trusted people he shouldn't have.
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In one tantalizing moment, Andrew Dannenberg , a cancer prevention guru from Cornell University, said that a trial he was working on using older anti-inflammatory drugs had found these medicines--drugs like ibuprofen and naproxen--had prevented cancer but caused heart attacks.
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