Has Anyone Heard of a Lawsuit Against Eli Lilly & Company Over the Drug Zyprexa®?
Question by Richard: Has anyone heard of a lawsuit against Eli Lilly & Company over the drug Zyprexa®?
What have you heard?
Best answer:
Answer by missourigal_194420002000
if u have taken the drug and got diabetes or any other disease from it u should contact a lawyer just put in zyprexa into ur search engine then a form will come up fill it out with the dates u started it and the dates that u stopped using it.
Answer by 1st Time Mamma
Eli Lilly & Co. (LLY) has agreed to pay nearly $ 700 million to settle a majority of legal claims that labels on its anti-psychosis drug Zyprexa had failed to provide adequate warning that the drug could put patients more at risk for developing diabetes.
Lilly said late Thursday {June 9th 2005} it had agreed in principle with plaintiffs’ attorneys involved in the Zyprexa claims. The settlement, when finalized, will resolve about 75 percent of the Zyprexa claims pending in the United States, according to a Lilly news release.
“While we believe the claims are without merit, we took this difficult step because we believe it is in the best interest of the company, the patients who depend on this medication, and their doctors,” Lilly Chairman and CEO Sidney Taurel said in the statement.
Most of the lawsuits claimed that before September 2003, the information on Zyprexa labels regarding the risk of hyperglycemia and diabetes was not adequately displayed. Hyperglycemia is a condition in which the blood has elevated sugar levels, typical in diabetics.
In September 2003, the Food and Drug Administration required label changes for all atypical anti-psychotic drugs to warn against the risk.
The Indianapolis-based company plans to establish the settlement fund, which will affect its second-quarter earnings. The company said it plans to take a pretax charge of at least $ 700 million for the fund and to cover other claims not in the agreement.
The agreement only involves people who filed claims arguing that they developed diabetes-related conditions from using Zyprexa, which is used to treat schizophrenia and bipolar disorder. Lilly said it is prepared to continue its “vigorous defense” of the drug in the remaining cases.
Christopher Seeger, a member of the plaintiffs’ steering committee, said the group was pleased with the agreement.
“The patient population to which this drug is given has difficult medical histories,” Seeger said. “Protracted litigation was in no one’s interest.”
In April, Lilly said worldwide sales of Zyprexa fell 5 percent to $ 1.04 billion. Sales in the United States fell 17 percent to $ 517.4 million because competing drugs are reducing demand for Zyprexa, the company said. U.S. sales of the treatment for schizophrenia and other disorders brought in $ 2.4 billion for Lilly last year. The drug had worldwide sales of $ 4.4 billion in 2004.
However, Lilly prevented further erosion of the still lucrative U.S. franchise for the drug when a federal judge in April upheld its patent giving its exclusive U.S. rights until 2011. The case could still face appeals.
You get what you pay for
Overdose deaths involving prescription drugs have increased by 89 percent statewide since 1999, Mrs. Kane testified, and hospital admissions for opioid and synthetic drug overdoses increased by 100 percent between 2004 and 2011. Many researchers …
Read more on Towanda Daily Review
Methadone project hope for drug addicts
“In February 2011 when we started the methadone project at the Muhimbili National Hospital, we targeted injection drug users because of the risk to HIV transmission. Now that the scaling up has started, we are offering methadone to all women … It's …
Read more on Daily News
Unease growing over medicines made in India
The drugs that had been prescribed were among the mainstays of cancer treatment — methotrexate, docetaxel and vincristine. Laboratory tests confirmed that the drugs were bogus, and Mwesige estimated that in 2011 about 20 percent of the drugs that the …
Read more on Worcester Telegram
Drug Treatment for Borderline Personality Disorder — Trials of drug therapy for borderline personality disorder have produced conflicting results, but Dr. S. Charles Schulz discusses an emerging new trend: targ…
Related Drug Treatment News 2011 Information…