For the past several years, thousands of patients have been embroiled in litigation with drug maker Bayer over charges that their popular birth control pills Yaz and Yasmin caused blood clots.
Last year, news broke that the company was spending upwards of $1 billion to settle many of the claims involving deep vein thrombosis, stroke or pulmonary embolism injuries. However, thousands of victims still have questions about the Yaz risks, whether their injury qualifies for the lawsuits and how long they have to file a claim.
Now, the latest financial reports due from Bayer this week will give consumers an idea how much the company has spent in Yaz settlements, what type of cases they are resolving, and how much more is set aside for Yaz lawsuits.
Health officials around the world including the FDA, New England Journal of Medicine, EMA, Health Canada and British Medical Journal have issued statements warning that birth control pills containing the hormone drospirenone can increase blood clot risks. Yaz and Yasmin are among the most popular of these.
Studies show this fourth-generation hormone, thought to have fewer PMS side effects, may actually increase blood potassium levels, which can cause blood clots.
Blood clots can be a natural and healthy function of the body. However, unintended clots can also lead to dangerous conditions like stroke, deep vein thrombosis and pulmonary embolism.
Bayer’s 2012 annual report admitted that the company faced lawsuits from as many as 13,000 women over blood clots and gallbladder injuries. Most cases were consolidated to a special federal court in Illinois.
Bayer also has admitted spending up to $1 billion already to settle around 5,000 blood clot lawsuits, with more cases to come in 2013. However, no new updates have come until this week.
On July 31st, the company will release their 2013 2nd quarter report, which will give an insight as to how many more cases have been settled and how much the company has reserved for future settlements.
Lawyers are still helping those who suffered a blood clot, DVT, stroke or pulmonary embolism after taking Yaz or Yasmin file claims and negotiate settlements. If you or a loved one have been affected, it is important to speak with a lawyer about your rights as soon as possible.
However, due to the specialized nature of these cases, DrugRisk only recommends lawyers who have already settled Yaz lawsuits.
Contact us today for more information on the research, side effects and litigation news related to Yaz and other drugs, or to speak with a lawyer.