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Fresenius Announces $250 Million Granuflo Settlement

Fresenius Medical Care North America agreed to a $250 million settlement to resolve lawsuits that claim the company was aware of risks of their dialysis products yet failed to warn the public. The litigation centers upon Granuflo and Naturalyte, two dialysates that have been blamed for heart problems, strokes and death... Read more »

Hundreds of Yaz Lawsuits Resolved with Settlements

yaz packaging
Bayer Healthcare Pharmaceuticals has reported substantial progress during the latest status conference for the multidistrict litigation (MDL) No. 2100 regarding Yaz and Yasmin lawsuits. The status conference took place early in November 2015. It was presided over by U.S. District Judge David R. Herndon of the Southern District of Illinois.... Read more »

Maryland Man Receives $1.75 Million Risperdal Verdict

A Philadelphia jury has ordered Janssen Pharmaceuticals — a Johnson & Johnson subsidiary — to pay $1.8 million to a man who developed breasts while taking the pharmaceutical giant’s antipsychotic drug Risperdal. Jurors determined that the company knew the prescription medication could trigger atypical breast growth, but failed to properly... Read more »

Actos Lawsuits Headed for Mass Settlement

According to a recent announcement by Actos manufacturer Takeda Pharmaceuticals, over 96 percent of the eligible claimants have agreed to take part in the Actos product liability resolution program. Through the program, over 9,000 plaintiffs may receive compensation for their injuries without the uncertainty that exists in continued litigation. With over... Read more »

$2.2 Billion Actos Settlement Offer a Bargain for Takeda?

When is paying $2.2 billion ever a bargain? According to University of Michigan professor and class action settlement expert Eric Gordon, Japanese drug giant Takeda’s decision to offer one of the largest drug settlements in US history to settle 8,ooo pending lawsuits against it may be just that. Actos users... Read more »