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Bayer Reaching More Yasmin Lawsuit Settlements
By Kimberly Mirando
Bayer recently announced it has settled hundreds of additional lawsuits claiming its Yasmin line of birth control pills (which include Yasmin, Yaz and Beyaz) caused blood clots in women. As of July 31, 2012, Bayer has paid more than $402 million in Yasmin lawsuit settlements to women who suffered serious Yasmin side effects, including pulmonary embolism and deep vein thrombosis.
Bayer has resolved more than 1,900 Yasmin/Yaz/Beyaz lawsuits alleging the birth control pills caused blood clots that can lead to heart attacks and strokes. Bayer announced it has paid $402.6 million in settlements so far, for an average payout of about $212,000 per case. The company apparently expects to settle even more lawsuits, because it also announced it has set aside more than $610 million -- more than doubling its reserve for Yasmin/Yaz/Beyaz lawsuits.
"We believe we have made appropriate provisions for most of the cases we consider to be worthy of settlement with these accounting measures," Bayer officials said in a statement.
So what makes a case "worthy of settlement?" According to Yasmin lawyers involved in the Yasmin lawsuit MDL where the cases are being settled, Bayer is focusing on lawsuits that have to do with blood clot injuries such as pulmonary embolism and deep vein thrombosis. Yasmin lawsuits alleging other side effects are not being resolved at this time.
In April 2012, the U.S. Food and Drug Administration (FDA) ordered Bayer and other contraceptive makers to strengthen blood-clot warnings on their products after finding that drospirenone-containing birth control pills nearly triple a woman's risk of blood clots. The new warnings will be placed on Yasmin, Yaz, Beyaz, Ocella, Gianvi, Loryna, Syeda, Zarah and Safyral birth control packages. The FDA is also recommending that women consult their doctors about their risk for blood clots prior to taking a drospirenone birth control product.
Bayer faces more than 12,000 Yasmin/Yaz/Beyaz lawsuits claiming the pills caused serious side effects in women, including blood clots, pulmonary embolism, deep vein thrombosis, heart attack, stroke and damaged gallbladders. So far, Bayer has agreed to settle 1,877 lawsuits blaming the company's contraceptives for causing blood clots in women's veins. The company refuses to settle cases alleging the contraceptives also caused clots in women's arteries, according to Yasmin lawyers. The drug maker is also rejecting women's claims that Yasmin, Yaz and Beyaz damaged their gallbladders or caused gallstones.
If you suffered a side effect of Yasmin, Yaz, Beyaz, Ocella or another drospirenone birth control pill, it's imperative you speak with a Yasmin attorney about your rights. A qualified Yasmin lawyer can determine if you have a case to seek compensation from Bayer for your injuries.
Visit the Yaz/Yasmin, Beyaz & Ocella Class Action Lawsuit Settlement & Investigation for more information about your legal rights and submit your information for a free, no-obligation consultation. The Yasmin injury law firm working this investigation will take a look at your case and advise you on whether a Yasmin injury lawsuit or Yasmin class action lawsuit is your best course of action for seeking compensation.
Updated August 15th, 2012
All medical device, dangerous drug and medical class action and lawsuit news updates are listed in the Drug and Medical Device section of Top Class Actions.