Takeda Offers $2.2 Billion to Settle Actos Lawsuits
Posted on behalf of Greg Coleman Law on Apr 09, 2015 in Dangerous Prescription Drugs
Actos is a drug produced by Takeda, a Japanese pharmaceutical company. Recently, Takeda has offered to settle more than 8,000 lawsuits involving Actos, its flagship diabetes drug.
Actos increases a patient's sensitivity to insulin and helps patients with Type 2 diabetes manage the amount of sugar in their blood.
Unfortunately for Takeda, its diabetes drug has been linked to bladder cancer. Across the United States, more than 8,000 lawsuits have been filed in state and federal courts over the past three years.
If the settlement offer is accepted, industry insiders suggest that each injured patient could receive at least $275,000 for their injuries.
Depending on the severity of the injuries, however, it is not necessarily in the best interest of an injured patient to accept the settlement. Only a knowledgeable attorney can help evaluate whether the settlement offer is even fair.
Actos Side Effects
Actos side effects can be mild, serious or fatal. The drug has been associated with causing:
- Heart attack
- Bladder cancer
Less serious side effects of the drug can include weight gain, migraines, and back pain. The most serious condition driving the Actos lawsuits is the increased likelihood of developing bladder cancer.
Bladder cancer symptoms include:
- Blood in the urine
- Changes in bladder habits
- Lower back pain on one side
- Loss of appetite
Patients who have been prescribed Actos need to immediately consult with a physician in the event that they experience any negative side effects.
Actos Injury Law Firm
Greg Coleman Law prescription drug lawyers routinely assist residents of Tennessee in suing large drug companies who have harmed them.
Our firm is dedicated to helping injured patients get the financial compensation they deserve after being prescribed a dangerous drug. Under U.S. laws, drug companies have an obligation to manufacture drugs that are safe. When they fail to do so, families can file dangerous drug lawsuits.
If you or someone you love has been injured by a dangerous drug, contact the experienced lawyers at Greg Coleman Law today.