Lawsuit Against Takeda Pharmaceutical Due To Cancer Risks Associated With Actos
Back in 2011, two New York residents, Terrence and Susan Allen filed a lawsuit against Takeda Pharmaceutical alleging that the drug manufacturer knew that its drug, Actos, was associated with cancer risks, but failed to provide adequate warnings to its consumers. Terrence and Susan Allen argued that Mr. Allen started taking Actos in 2006 and developed bladder cancer a few years after taking the drug.
Actos Has Constantly Found Itself Under The Spotlight, But Not Always For Good Reason
Actos, or pioglitazone, hit the United States market in 2009 and has produced nearly $16 billion in sales ever since. Although it has seen much success, it hasn’t always been smooth sailing for Actos and its manufacturers. For example, in 2007, the FDA gave Actos the black box warning label change because it failed to warn patients about Actos’s severe side effects. Then, in 2011, Actos was put on the FDA watch list. The FDA also released a safety announcement to inform consumers that using Actos for over a year may increase the risk of bladder cancer.
For the past few years, the manufacturer of the drug has been fighting lawsuits left and right. According to a source, “Takeda became aware of links between Actos and bladder cancer early in the 2000s, but withheld that information from patients and doctors.”
Jury Finds That Takeda Pharmaceutical and Eli Lilly Must Pay $9 Billion In Punitive Damages:
After deliberating for less than two hours, the jury hearing the first federal Actos bladder cancer trial found that Takeda Pharmaceutical had hidden the cancer risks associated with Actos and reached the following verdict in regards to punitive damages:
- They ordered Takeda Pharmaceutical to pay $6 billion in punitive damages
- They ordered Eli Lilly to pay $3 billion
Both companies have gone on the record that they do not agree with the verdict and will be fighting it. This lawsuit is only of the thousands that have been filed against the Actos drug makers.
Have you ever taken Actos? If so, you may want to contact an Actos attorney to learn your legal rights.
What are your thoughts regarding this verdict?
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