Full Answer
What does an Actos lawsuit payout cover?
However, the Actos lawsuit payouts have included damages to cover a plaintiff's economic and emotional costs as well as punitive damages that financially punish the pharmaceutical company for negligence and wrongdoing. How Much Does an Actos Lawyer Cost?
How much did Actos make from bladder cancer drug?
According to a court filing in Louisiana, U.S. Actos sales reportedly topped $24 billion between its release in 1999 and the court filing in 2014. While the drug made the company billions of dollars each year, Actos patients who developed bladder cancer accumulated significant medical bills to treat their cancer.
Can I file an Actos lawsuit on a contingency basis?
You can file an Actos lawsuit on a contingency basis. This will ensure that you don't pay any legal fees until you are paid, either through a settlement or a verdict award. Caitlin Hoff aims to educate families and individuals about important consumer topics that impact the general public’s health and safety.
What are the possible side effects of Actos?
Actos has received several warnings from the U.S. Food and Drug Administration (FDA) including a warning about liver failure, hypoglycemia, edema, and bone fractures as well as a boxed warning for an increased risk of congestive heart failure. In 2011, bladder cancer was added to the list of possible side effects following several studies.
What is the Actos lawsuit?
Actos Lawsuit. People filing Actos lawsuits claim that the anti-diabetic medication played a role in the development of bladder cancer. The lawsuits accuse the manufacturer, Takeda Pharmaceutical Company, of hiding the relationship between the drug and the cancer from patients and healthcare providers.
How many Actos lawsuits have been filed?
Actos Litigation. Over 10,000 Actos lawsuits have been filed against Takeda Pharmaceuticals over the years. While a handful of these lawsuits were tried in state courts, a multidistrict litigation was formed to cover several thousands of Actos lawsuits.
How much did Actos make in 2014?
According to a court filing in Louisiana, U.S. Actos sales reportedly topped $24 billion between its release in 1999 and the court filing in 2014. While the drug made the company billions of dollars each year, Actos patients who developed bladder cancer accumulated significant medical bills to treat their cancer.
What happened to Actos documents?
During one Actos trial, evidence surfaced suggesting that a number of documents owned by Takeda Pharmaceuticals and their employees were lost, deleted, or destroyed ahead of legal action against the company in 2002. At least one of these lost documents was an email believed to have discussed safety concerns regarding Actos.
What is Actos used for?
Actos (pioglitazone) is an anti-diabetic medication prescribed to help type 2 diabetics control their blood sugar levels. While Actos has helped a number of people with type 2 diabetes, the drug has also been associated with several major health complications, since its approval in 1999.
Is Actos banned in Germany?
Later the same year, a warning about the risk was added to the drug labeling in the United States. One of the epidemiological studies that the FDA reviewed that year, conducted in France, led to both Germany and France banning Actos entirely.
Does Actos cause liver failure?
Actos has received several war nings from the U.S. Food and Drug Administration (FDA) including a warning about liver failure , hypoglycemia, edema, and bone fractures as well as a boxed warning for an increased risk of congestive heart failure. In 2011, bladder cancer was added to the list of possible side effects following several studies.
How much did Actos pay in 2015?
In 2015, manufacturer Takeda Pharmaceuticals agreed to pay a $2.37 billion in Actos® settlements to resolve over 9,000 state and federal cases. This is one of the highest settlement amounts in the history of pharmaceutical litigation, and many more lawsuits have yet to even be filed.
What was the verdict in the Allen case?
The Allen case was the fourth Actos® trial in the United States. In two of the three previous state cases tried, juries returned verdicts in favor of the plaintiffs, including a $6.5 million award in California and a $1.7 million Maryland verdict in a wrongful death case. In both cases, the judge was convinced by Takeda to throw out the verdicts, but the California verdict was eventually reinstated.
Is Actos a drug?
Unfortunately, Actos® is not the only diabetes medication that has caused patients serious harm. Invokana® and Onglyza® have both been implicated in adverse health events, including kidney failure and heart attacks.
What are the risks of using Actos?
Two of the most serious concerns over using Actos are congestive heart failure and bladder cancer. Heart failure is characterized by the heart being unable to efficiently pump blood. It is a type of heart disease that does not cause sudden death, like a heart attack, but ultimately it is a fatal condition.
What is Actos used for?
Actos is the generic drug pioglitazone and belongs to the class of drugs called thiazolidinedione. These medications are used to control blood sugar in people with type 2 diabetes. The condition is one associated with poor lifestyle choices like a bad diet and being overweight. The number of cases has risen quickly in the last couple of decades and drug companies like Takeda have rushed to develop drugs for this expanding market.
What was the largest settlement in pharmaceutical history?
In 2014 a federal jury in a huge Takeda and Eli Lilly MDL found that the evidence against the companies warranted Actos settlements. The jury awarded the plaintiffs the largest settlement in pharmaceutical history, a whopping $9 billion. As soon as the award was announced, experts started to claim that this settlement wouldn’t hold water, that the judge would be forced to reduce the amount because it was considered to be out of proportion with the damages caused to plaintiffs.
Who made Actos?
Actos, the diabetes drug made by Takeda Pharmaceuticals and marketed by Eli Lilly, set a record for the largest settlement awarded by a jury ever for a prescription medication. Although that record amount was reduced and Takeda eventually settled for a smaller amount, it sent a message that harmful drugs and hiding information about risks of drugs would not go over well with juries and the plaintiffs looking for justice and compensation.
Did Takeda win the case against Actos?
In other cases against Actos, Takeda has come out on top with successful appeals of jury-awarded settlements. In a Maryland case in 2013, for instance, the jury gave the family of a man who died from bladder cancer a settlement judgement of $1.7 million. Takeda made a case that the man’s longtime smoking habit contributed to his death from bladder cancer, and succeeded in having the judge throw out the settlement.
About Actos® and Liability
- Actos® (pioglitazone) has been a popular insulin sensitizer medication for type 2 diabetics since it was introduced to the U.S. market in 1999. Total sales for Actos® are reported to be over $16 billion. Takeda Pharmaceuticals partnered with Eli Lilly and Company to promote the drug, which has been widely prescribed in the U.S. and around the world. In 2011 alone, Actos® sales were c…
Mass Tort Settlement
- In 2011, numerous federal lawsuits filed by plaintiffs were transferred to multidistrict litigation (MDL) in Louisiana. By 2015, there were more than 10,000 cases, including thousands in the MDL and many more individual state cases. Claimants who reside in a state other than where the defendants conduct business must file in federal court. When there are multiple similar cases in…
Other Actos® Case Settlements and Verdicts
- The Allen case was the fourth Actos® trialin the United States. In two of the three previous state cases tried, juries returned verdicts in favor of the plaintiffs, including a $6.5 million award in California and a $1.7 million Maryland verdict in a wrongful death case. In both cases, the judge was convinced by Takeda to throw out the verdicts, bu...
Evidence of Wrongdoing
- Recently, a whistleblower case was filed that accuses Takeda of a new level of wrongdoing related to Actos®. The case was brought by a former Director at a prominent British pharmaceutical corporation, GlaxoSmithKline. Peter Lawton alleges that he interviewed at Takeda in 2009, and in a series of three meetings, learned that company executives have bribed doctors …
Ongoing Litigation
- New claims continue to be filed by former Actos® patientsand families as they discover the drug’s potential role in their injuries. In addition to the increased risk of bladder cancer, a recently released medical study has found a potential link between Actos® and tumors in the pancreas and prostate.
Speak with An Experienced Attorney
- If you or your loved one have suffered a serious health complication after taking Actos®, you may benefit from the counsel of a pharmaceutical liability lawyer. Unfortunately, Actos® is not the only diabetes medication that has caused patients serious harm. Invokana® and Onglyza®have both been implicated in adverse health events, including kidney failure and heart attacks. Our networ…
Actos and Type 2 Diabetes
- Actos is the generic drug pioglitazone and belongs to the class of drugs called thiazolidinedione. These medications are used to control blood sugar in people with type 2 diabetes. The condition is one associated with poor lifestyle choices like a bad diet and being overweight. The number of cases has risen quickly in the last couple of decades and drug companies like Takeda have rush…
Heart Failure and Bladder Cancer
- Two of the most serious concerns over using Actos are congestive heart failure and bladder cancer. Heart failure is characterized by the heart being unable to efficiently pump blood. It is a type of heart disease that does not cause sudden death, like a heart attack, but ultimately it is a fatal condition. The evidence that Actos contributes to heart failure comes from the fact that it c…
A Record Settlement, Reduced
- In 2014 a federal jury in a huge Takeda and Eli Lilly MDL found that the evidence against the companies warranted Actos settlements. The jury awarded the plaintiffs the largest settlement in pharmaceutical history, a whopping $9 billion. As soon as the award was announced, experts started to claim that this settlement wouldn’t hold water, that the ...
Other Actos Settlements Tossed
- In other cases against Actos, Takeda has come out on top with successful appeals of jury-awarded settlements. In a Maryland case in 2013, for instance, the jury gave the family of a man who died from bladder cancer a settlement judgement of $1.7 million. Takeda made a case that the man’s longtime smoking habit contributed to his death from bladder cancer, and succeeded …