Bayer has about 11,300 lawsuits pending from “persons alleged to have suffered personal injuries, some of them fatal” as a result of using the birth control pills Yasmin, Beyaz, and Yaz and their generic versions. And the company is expecting even more.
That’s from Bayer’s annual report, assessing the company’s status for 2011. The report provides a summation of the legal troubles the company has been dealing with over its oral contraceptives, which according to the lawsuits, cause an increased risk of potentially lethal blood clots, strokes, and pulmonary embolisms.
“Based on the information currently available, Bayer has taken appropriate accounting measures for anticipated defense costs and agreed settlements,” the report states.
The report specifically says that Bayer anticipates more lawsuits. It further claims that Bayer has settled some of the thousands of cases pending.
Although the company is insured against product liability risks, “going forward and depending on further developments of the Yasmin/Beyaz/Yaz litigation, it is possible that the company’s global liability insurance program may not be sufficient or fully applicable to cover all expenses and potential liability (if any) resulting from this litigation,” the report says.
Women who have suffered injury as a result of taking Yaz, Yasmin, Beyaz, or Ocella should understand the legal remedies available to them. If you or someone you love developed a blood clot, stroke, or pulmonary embolism while taking Yaz, Yasmin, or Ocella, you may be eligible to recover damages. Please contact Lopez McHugh for a FREE consultation with a qualified and trusted attorney who can answer your questions and ensure your legal rights are protected. Call today because if you wait too long, you may be barred from recovering for your injuries by your state’s time limits.