Zyprexa Settlement - $690,000,000
Written by Michael@Monheit.com - Michael Monheit, Esquire
Eli and Lilly Company stock moved little Friday after Thursday night's announcement of a whopping $690 million Zyprexa settlement. Plaintiff lawyers and Eli Lilly and Co. late on June 9 announced an agreement in principle to settle a majority of Zyprexa claims for $690 million.While Zyprexa cases were consolidated in U.S. District Court for Eastern District of New York, Zyprexa settlement will encompass some state and federal claims across country. The Zyprexa lawsuit involved nearly 8,000 patients. A majority of them reported diabetic complications after taking anti-psychotic medication. A plaintiff's negotiator on Friday said it's a win for all patients because Lilly added a warning to Zyprexa product label. According to plaintiffs counsel, Mr. Seeger, "There were doctors that we know of that were prescribing drug for mood swings and depression and for people who didn't sleep well at night. We had people who had developed diabetic comas, some died, some recovered." Eli Lilly maintains its top selling drug is safe for patients with bi-polar disorder and schizophrenia.
| | Zyprexa Diabetes Lawsuits
Written by Michael@Monheit.com - Michael Monheit, Esquire
Zyprexa coma side effects, and others like heart attacks and diabetes, are significant. In February 2004 American Diabetes Association published a Consensus Statement in its Diabetes Care journal. In that statement, American Diabetes Association, American Psychiatric Association, American Association of Clinical Endocrinologists and North American Association for Study of Obesity, stated that data consistently shows an increased risk for diabetes in patients who are treated with Zyprexa (generic – olanzapine). Zyprexa is also associated with an increase risk of coma. The findings were based on input from drug companies, consultations with numerous experts, and reviewing medical literature.What is Zyprexa? * Zyprexa is an atypical antipsychotic medication that changes chemical actions in your brain. * Zyprexa is used to treat psychotic symptoms including hallucinations, delusions, and confusion. * Zyprexa may also be used for purposes other than those listed in medication guide.
|
