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Yaz Lawsuit – Bayer Reaches Agreements to Settle 3,490 Yaz Claims

Yaz Lawsuit – Bayer Reaches Agreements to Settle 3,490 Yaz Claims

Do you have a potential Yaz lawsuit? If you have taken the prescription contraceptive drug Yaz and have suffered complications, you may be entitled to substantial compensation. Yaz manufacturer Bayer reports that it is settling claims for injuries caused by the drug, with cases settling for an average of $215,000 per Yaz lawsuit.

The German pharmaceutical giant Bayer has agreed to settle 3,490 claims related to the injuries caused by the use of the prescription drug Yaz, which is also sold under the trade name Beyaz. According to the company’s 2012 third quarter stockholder’s newsletter, Bayer was facing around 12,400 lawsuits regarding Yasmin/Yaz as of October 15th, 2012. The company further reported that it had settled about 3,490 Yaz lawsuits, with the settlements totaling around $750 million. In addition, the company is only settling domestic claims for deep vein thrombosis or pulmonary embolism, injuries that are involved in around 3,800 of the still-pending lawsuits.

Yaz is an oral contraceptive drug that is used to prevent pregnancy, and is also used to treat moderate acne in women over 14 who have had their first menstrual period.  Yaz is a combination of two drugs, the synthetic hormone drospirenone and the semi-synthetic hormone ethinylestradiol. These drugs have been linked to an increased risk for deep vein thrombosis and pulmonary embolism, which are collectively known as venous thromboembolism.

Risks Associated with Yaz

Deep vein thrombosis, also known as DVT, is the formation of a blood clot in a deep vein and occurs predominantly in the legs. It can cause symptoms such as swelling, redness, warmness, and engorged veins near the skin. When the clot detaches from and travels to the lungs, the resulting condition is pulmonary embolism, which occurs when the clot blocks the main artery to the lung. The symptoms of pulmonary embolism include difficulty breathing, chest pain when inhaling, palpitations, rapid breathing, coughing, blue lips or fingers, or collapse. In serious cases, pulmonary embolism and its complications can be fatal.

According to a study by the United States Food and Drug Administration, the risk of venous thrombembolic events was 93% higher for women who had taken drugs made with drospirenone for three months or less and 290% higher for women who had been taking them for seven to twelve months.

Do You Need Help With Your Yaz Lawsuit?

If you or a loved one has taken Yaz or Yasmin and have suffered an injury due to deep vein thrombosis or pulmonary embolism you may be entitled to substantial compensation. The law office of Makarem & Associates is comprised of experienced defective drug attorneys who specialize in representing women in their Yaz lawsuit who have suffered injury as a result of taking Yaz. The long term effects of taking these contraceptives is still being determined, and it is important to contact an experienced Los Angeles Yaz attorney as soon as possible to protect your legal rights. To set up a consultation with one of our defective drug lawyers, please contact us today by phone at 310.312.0299 or via email at info@makaremlaw.com

Source: http://www.stockholders-newsletter-q3-2012.bayer.com/