As a YAZ, Yasmin and Ocella deep vein thrombosis and pulmonary embolism attorney I am poviding this update to the status of YAZ settlements. According to some experts, Bayer Pharmaceutical company the manufacturer of Yaz or Yasmin birth control pills, will end up paying more than $2 billion to settle lawsuits.
Bloomberg reported on July 31st that Bayer has settled nearly 1900 Yaz lawsuits for more than $400 million, at an average of around $212,000. Bayer has more than doubled its reserves for settling these cases to over $610 million, which could be positive news for those affected by the drug who have yet to file a claim.
These lawsuits were filed by users of Yaz or Yasmin birth control pills who suffered venous thrombo-embolic blood clot injuries, such as a pulmonary embolism and or deep vein thrombosis. Since 2009, the German drugmaker has faced a wave of litigation over the birth-control pills. Lawyers suing the company cited FDA reports of at least 50 deaths tied to the pills from 2004 to 2008.