Monday, April 16, 2012

Bayer said to pay $110 million in birth-control cases tied to blood clots.



Bloomberg News (4/13, Feeley, Fisk) reports that Bayer AG will pay at least $110 million to settle about 500 lawsuits over claims that its drospirenone and ethinyl estradiol [Yasmin] line of birth-control tablets caused blood clots, according to persons familiar with the settlement agreements. Specifically, "officials of Bayer...agreed to pay an average of about $220,000 a case to resolve the claims that its Yasmin and drospirenone and ethinyl estradiol [Yaz] contraceptives caused sometimes fatal clots that can lead to heart attacks and strokes, two people familiar with the settlement said."

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