Drug maker Takeda Pharmaceuticals, whose diabetes drug Actos has been linked to bladder cancer in patients who were prescribed the drug, has agreed to a $2.2 billion Actos settlement to resolve outstanding personal injury claims relating to the medication. According to Actos bladder cancer lawsuits, the drug increases a patient’s risk of developing bladder cancer. Takeda allegedly failed to disclose the risks associated with the drug’s use.
If you took Actos and developed bladder cancer, contact the American Injury Attorney Group for more information about your options. We can answer your questions in a free, no-obligation consultation. If you have a case, we can connect you with an affiliated Actos bladder cancer attorney who can assist you throughout the legal process.
Multi-Billion Dollar Verdict Against Drug Maker Prior to Actos Settlement
If approved, the Actos settlement would resolve more than 8,000 pending claims, with a baseline payment to each individual plaintiff reportedly in the $275,000 range. In 2014, a $36.8 million judgment was entered against Eli Lilly & Co. and Takeda to a plaintiff who claimed he developed bladder cancer from his use of Actos. In that case, the jury originally returned a verdict of $9 billion against the drug makers after hearing the evidence in the case.
In 2011, the U.S. Food and Drug Administration issued a public safety announcement of the potential risk of bladder cancer associated with prolonged use of Actos. The warning was based on a five-year study that showed an increased risk of bladder cancer for patients who used Actos long-term.
Thousands of Actos Cases Consolidated
More than 3,500 pending Actos federal court cases were consolidated into a multidistrict litigation (MDL) for pre-trial proceedings. MDLs are often established when the pursuit of separate individual claims is inefficient, and a class action is inappropriate because of the unique respective damages to the plaintiffs. Takeda has also been named in more than 4,500 Actos bladder cancer cases are pending in state courts across the country.
Contact Us for More Information
If you have questions about a potential Actos settlement, or if you or a loved one took Actos and developed bladder cancer, contact the American Injury Attorney Group to learn more. We can answer your questions, and if you have a case, we can connect you with an affiliated Actos attorney who can assist you in seeking the compensation to which you may be entitled. Your call is free and without any obligation. Call today.