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Bayer to Settle Hundreds of Yaz, Yasmin Lawsuits for $110 Million

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Officials of Germany’s largest drug manufacturer have agreed to settle nearly 500 Yaz and Yasmin birth control lawsuits in a $110 million settlement, Bloomberg reports. Bayer AG officials will reported pay nearly $220,000 per lawsuit to resolve claims that Yaz and Yasmin oral contraceptives cause blood clots that can lead to heart attack, stroke, and even death.

The settlements comes after U.S. District Judge David Herndon brought in George Washington University law professor Stephen Saltzburg to serve as special mediator in the consolidation of federally filed lawsuits in the East St. Louis, Illinois court.

Last year the FDA released a report regarding the safety of oral birth control pills that contain drospirenone, including Bayer’s Yaz and Yasmin medications and found that some studies indicated women who take the pills had a 74 percent higher risk of developing blood clots than women who used other forms of low-dose estrogen contraception.

The FDA has ordered Bayer and makers of contraception containing drospirenone to strengthen warning labels, and include information that users face a three-fold higher risk of blood clots.

According to Bloomberg, at least 50 deaths have been be linked by the FDA to the pills.

 

breakinglawsuitnews.com disclaimer: This article: Bayer to Settle Hundreds of Yaz, Yasmin Lawsuits for $110 Million was posted on Friday, April 13th, 2012 at 8:19 pm at breakinglawsuitnews.com and is filed under Defective Drug Lawsuits.

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