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From Government, Legal and Policy - Class Actions / Lawsuits

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'FDA Demands Stronger Warning Labels for the Yaz Contraceptive,' Says YazLawsuitv.com

Wed, 25 Apr 2012 11:35:11 EST

New York, NY – Leading German pharmaceutical company, Bayer, are expected to pay out $110 million in Yaz lawsuit settlements after claims that their contraceptive drug causes blood clots in women.

These lawsuits have come after the Food and Drink Association (FDA) demanded that the company place more prominent warning signs on Yaz packaging, reports YazLawsuitv.com.

'The FDA has examined data relating to thousands of women who are thought to have experienced blood costs because of Yaz. After the investigation, the FDA concluded that women are thought to be 3 times more likely to have a blood clot after taking Yaz than other lower estrogen forms of contraception. As a result, they have demanded Bayer to place much stronger labelling on the Yaz packaging to warn of the risk of blood clots,' said a spokesperson for YazLawsuitv.com, a consumer information website designed to help victims of Yaz side-effects.

The upcoming $110 million pay out that Bayer are expected to make, marks the first signs of Yaz settlements. And according to YazLawsuitv.com, the German company could have saved a great deal of money by not going through the courts. '$110 million sounds like a lot of money, but in reality Bayer, who in 2010 made over $1.58 billion in contraceptive sales, could have been made to pay much more than this as a result of litigation in US Courts,' said the YazLawsuitv.com spokesperson.

The original January 2011 trial was postponed to enable a mediator to step in and negotiate the out of court settlement, and according to YazLawsuitv.com, 'mediation seems to have come to the rescue for Bayer.'

For more information on the side-effects associated with the Yaz contraceptive, or to apply for a free Yasmin lawsuit case evaluation, visit http://yazlawsuitv.com/

About YazLawsuitv.com
YazLawsuitv.com is a consumer information website dedicated to helping victims of Yaz side-effects. In addition to offering free help and advice, the website provides a free case evaluation tool to help women decide whether they have a valid case for a Yaz claim.


Source: WebWire



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