Dallas, TX (PRWEB) November 16, 2012
German drug maker Bayer has reported to shareholders in its latest financial report that it will reserve an additional $262 million for the settlement of Yaz and Yasmin lawsuits, as the number of claims filed passes 13,500. The news was reported in the Legal Notes section of the Bayer Interim Financial Statement, September 30, 2012.
The company also confirmed that it is only settling claims involving blood clot injuries, such as deep vein thrombosis and pulmonary embolism, and has so far resolved about 3,490 injury claims at a total cost of nearly $750 million.
Anyone who suffered a blood clot, DVT, stroke or Pulmonary Embolism after taking Yaz or Yasmin is urged to contact the Yaz Resource Center or speak with a lawyer about their legal options.
The news follows a report from the American College of Obstetricians and Gynecologists in October warning that birth control pills containing drospirenone like Yaz and Yasmin may have a higher risk of causing blood clots, according to the Chicago Tribune on October 24, 2012.
Bloomberg News had reported on July 31st that Bayer was settling cases at an average of nearly $212,000 per case, however, the most recent report indicates the amount could be slightly higher.
In October of 2011, the FDA released a study entitled "Combined Hormonal Contraceptives and the Risk of Cardiovascular Disease Endpoints" which found that drugs like Yaz could increase the risk of blood clots, DVT and pulmonary embolism by as much as 74%.
A federal Multi-District Litigation court was established in Illinois to handle Yaz lawsuits filed by those injured. The formal case is known as Yasmin and Yaz (Drospirenone) Marketing, Sales Practices and Products Liability Litigation (MDL No. 2100, Southern District Illinois). The September 30 Bayer report indicates more than 13,500 patients have filed a claim.
The news of additional Yaz lawsuit settlements is positive for those injured who have yet to file a claim. However, time is limited and only certain cases may qualify.
Anyone who suffered a blood clot, DVT, stroke or Pulmonary Embolism and believes it may be due to taking Yaz or Yasmin is urged to contact the Yaz Resource Center or speak with a lawyer about their legal options.
The Yaz Resource Center cautions that victims should seek a lawyer with experience in defective drug litigation, and only recommends lawyers and law firms who have already settled Yaz lawsuits.