BAYER ANNOUNCES $402M IN DROSPIRENONE SETTLEMENTS UPDATE – JULY 2012

YAZ SETTLEMENTS UPDATE INFORMATION 2012

YAZ LAWSUITS SETTLEMENTS UPDATE – JULY 2012

YAZ LAWSUITS SETTLEMENTS UPDATE

In a recently released publication, BAYER has confirmed that as of July 19, 2012, it had agreed in principle to settle approximately 1,877 blood clot cases. As a result, it reported $402M in settlements had been reached in the pending litigation. These cases involve blood clots, which include Pulmonary Emboli, Deep Vein Thrombosis and related complications. This report is a follow up to prior reports of ongoing settlement negotiations.

Reported settlements do not translate into payments or money having exchanged hands as of this time. Rather, these are agreements to resolve cases, on a case by case basis following extensive litigation, commenced in 2009, and the evaluation of claimed injuries. The parties have been engaged in meaningful settlement negotiations – as reported below – since January 2012. Cases involving gallbladder removal or surgery are not considered part of these settlements as indicated in the insert above.

FREE CASE EVALUATIONS ARE AVAILABLE THROUGH USE OF THE CONTACT FORM BELOW.