March 26th, 2019|
Pharmaceutical companies Bayer AG and Johnson & Johnson reached a $775 million settlement in 25,000 lawsuits claiming that their blood thinner Xarelto causes excessive, life-threatening and sometimes fatal bleeding.
The settlement will resolve all pending U.S. lawsuits over Xarelto.
Plaintiffs accused drugmakers of failing to warn about the irreversible complications, claiming their severe injuries could have been prevented if doctors and patients had been provided adequate information.
Xarelto is Bayer’s top-selling drug and currently remains on the market. The companies are not admitting liability as part of the settlement agreement.
Big Pharma Companies Exposed by Lawsuits
The settlement resolves one legal headache for Bayer and Johnson & Johnson, but several more remain for both companies.
Bayer is fighting claims that its Roundup weed killer causes non-Hodgkin lymphoma and other cancers; uncertainty over the litigation and multiple verdicts against Bayer have lowered the company’s stock price. Other suits challenge the safety of Essure permanent birth control.
Johnson & Johnson also faces lawsuits claiming its talcum-based baby powder causes ovarian cancer as well as thousands of claims over defective or dangerous hip implants, pelvic mesh, and diabetes medication.
A Nationwide Personal Injury Law Firm
We’re proud of our work for Xarelto victims across the country, and we’re proud to see justice served for those affected in this case.
Cory Watson Attorneys fight to hold corporate giants like Bayer and Johnson & Johnson responsible for putting profits over patients. From our offices in Birmingham and Nashville, we handle defective medical device and dangerous drug claims across Alabama and Tennessee, as well as across the nation.
With more than 35 years of experience, the injury lawyers at Cory Watson have the legal knowledge that your case needs to be successful, and are experienced in holding corporations accountable for their negligence.
Call Today for Your Free Legal Consultation!
If you’re considering taking legal action against the Big Pharma companies that have harmed you, contact us today to learn more about your options.
Our experienced personal injury attorneys are here to help you and your loved ones through this process. Call our office anytime at (877) 562-0000 now or fill out the FREE online consultation form on this page.
Don’t wait to reach out – time is limited, and your health is on the line.