Pharmaceutical giant Bayer will pay at least $110 million to settle approximately 500 lawsuits over claims that its controversial line of Yasmin birth control products cause blood clots. Officials of Germany’s largest drugmaker reportedly agreed to pay an average of about $220,000 a case to resolve the complaints, people familiar with the agreements said. Since 2004, there have been more than 50 deaths associated with Yasmin products reported to the U.S. Food & Drug Administration (FDA).
Yasmin Lawsuit Update 3/21/13: This week, Bayer Healthcare reportedly agreed to pay out as much as $24 million to settle gallbladder disease lawsuits involving its controversial Yaz and Yasmin birth control pills. Specifically, the company agreed to settlement payments of $2,000 to women who suffered gallbladder injuries, and $3,000 for women’s injuries which were so severe that their gallbladders had to be removed. Click here to learn more.
Free Yasmin Blood Clot Lawsuit Evaluation: If you or a loved one has suffered from a blood clot after taking Yasmin, Yaz, Ocella, or any other birth control product containing drospirenone, you should contact our law firm immediately. You may be entitled to compensation by filing a suit against Bayer and we can help.
What’s the problem?
April 13, 2012 – The settlement agreement was reached after a federal judge in Illinois postponed a Jan. 9 trial accusing Bayer of misleading the public about the potential health risks involved with its contraceptives so a mediator could try to negotiate a deal. The claim was supposed to be the first of more than 11,000 similar cases to go to trial involving injuries allegedly caused by the Yasmin line of birth control products.
The new developments come just days after the FDA required Bayer and other birth control manufacturers to update the blood clot warnings on their products. Along with Yasmin, the following drospirenone-containing birth control pills will have warning labels stating that researchers have found that they may triple the risk for clots:
In 2010 alone, these products generated nearly $1.6 billion in sales for Bayer, making them the company’s top-selling drugs behind Betaseron, a widely-prescribed multiple sclerosis drug.
“Bayer HealthCare confirms that some cases pending in the current YAZ/Yasmin litigation in the U.S. are being settled,” said Bayer spokesperson Rosemarie Yancosek. She declined to comment on the number of claims settled or the dollar amount that was reached.
Prior to the new agreement, Bayer stated that it had already settled approximately 70 cases over the Yasmin line of birth control products. Those settlements reportedly included “terms and conditions which Bayer views to be reasonable. … Bayer will continue to consider the option of settling individual lawsuits in the U.S. on a case-by-case basis” officials said in a Feb. 28 Securities and Exchange Commission filing.
The company is expecting an onslaught of additional lawsuits in the near future. Last year, the FDA issued a press release warning that women taking drospirenone-containing birth control pills were 74% more likely to suffer blood clots than women taking contraceptives containing levonorgestrel, another hormone found in many older forms of birth control.
Do You Have a Yasmin Blood Clot Lawsuit?
The Product Liability & Defective Drug Litigation Group at our law firm is an experienced team of trial lawyers that focus on the representation of plaintiffs in Yasmin lawsuits. We are handling individual litigation nationwide and currently accepting new blood clot cases in all 50 states.
Free Yasmin Blood Clot Lawsuit Evaluation: If you or a loved one has suffered from a blood clot after taking Yaz, Yasmin, or any other birth control product containing drospirenone, you should contact our law firm immediately. You may be entitled to compensation by filing a Yasmin blood clot suit and we can help.