Posts Tagged 'eli lilly'

First Testim Trial Ends with Decision in Favor of Drugmaker

testim trial sides with drugmakerTestim maker Endo International’s Auxilium unit emerged victorious in the first trial over whether its testosterone therapy drug caused a heart attack in a patient.

The Tennessee plaintiff had been prescribed Testim for what he described as chronic fatigue and had been applying the testosterone gel to himself for over 6 months. In July 2014, he suffered a heart attack and was subsequently hospitalized twice. His recovery since then has ...

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Takeda Agrees to Pay $2.4 Billion to Settle Actos Lawsuits

actos bladder cancer settlements to reach 2.4 billion dollarsAccording to a Reuters article, the multinational drug company Takeda Pharmaceutical has agreed to pay $2.4 billion to resolve the majority of its 8,000 Actos lawsuits. This represents a $200 million increase over the company’s initial settlement offer last month. Plaintiffs in Actos lawsuits allege that Takeda failed to warn doctors and patients that its Type II diabetes medication could increase the risk of bladder cancer.

Takeda’s ...

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Drug Maker Destroyed Evidence in Actos Bladder Cancer Lawsuit

Actos maker accused of destroying evidence in investigationA Louisiana judge has ruled in a bellwether trial that Takeda Pharmaceuticals destroyed evidence that would have helped the plaintiffs prove the company hid information about the cancer risks of its diabetes drug, Actos. The evidence was a part of a case that resulted in a $9 billion Actos verdict in April, 2014.

The April ruling was the first federal jury decision in a multidistrict litigation (MDL) against Asia’s ...

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