Navigation Links
RD Legal Funding Provides Immediate Settlement Financing to Growing Number of Yaz and Yasmin Plaintiffs
Date:7/24/2012

CRESSKILL, N.J., July 24, 2012 /PRNewswire/ -- Bayer, the German chemical and pharmaceutical manufacturer, has settled another 1000 Yaz and Yasmin related lawsuits since the April report, raising the amount Bayer has agreed to pay out to $300 million. An additional 7,500 suits are expected to be settled by year's end according to the federally appointed mediator working on the cases (source). However, disbursement of settlement funds to plaintiffs and their attorneys may take months, if not years—too long for some of the women who have suffered grievous illnesses as a result of Bayer's negligence in not providing adequate warnings on Yaz and Yasmin. RD Legal Funding, LLC ("RD Legal") is offering the plaintiffs and their attorneys settlement financing once their award amounts are finalized.

(Logo:  http://photos.prnewswire.com/prnh/20110803/NY45278LOGO )

Thanks in large part to aggressive marketing, Yaz became the top-selling birth control pill in the United States, generating $1.58 billion in sales in 2010. Bayer targeted the oral contraceptive to women under 35, touting it as the birth control pill that also reduced premenstrual depression and acne. Although those most at risk were older women, tragically, as a result of Bayer's marketing strategy, many younger plaintiffs suffered physical illnesses not usually seen in women their age.

Yaz and Yasmin have been linked to increased risk in women of venous thromboembolism; deep vein thrombosis; pulmonary embolism; heart attacks; and strokes. A deep vein thrombosis is a blood clot that occurs in the deep veins of the legs or pelvis.  A pulmonary embolism takes place when a blood clot breaks off, travels through the blood stream, and becomes lodged near the lung. October 2010 court records indicate that of the cases filed at that time, approximately 40 to 41 percent involved a deep vein thrombosis or pulmonary embolism; 10 percent involved a heart attack or stroke from Yaz; and about 43 percent involved claims for gallbladder injury from Yaz. 

Women taking Yaz and Yasmin claim they were never warned of the severity of potential side effects. Concerns about hormonal contraceptives were raised as early as October 2001, when a U.S. Food & Drug Administration (FDA) study reported an estimated 150% increase in the risk of blood clots among women who used birth control pills containing drospirenone (the synthetic progestin used in Yaz and Yasmin) compared to the users of other hormonal contraceptives.

A study by Danish scientists published in 2011 in the New England Journal of Medicine found that women taking birth control pills formulated like Yaz and Yasmin suffered heart attacks and strokes between one point five and two times more often than women not using hormonal contraception.

On April 10, 2012, the FDA began requiring warnings of higher risk of blood clots on the labels of drospirenone birth control pills. Federal regulators censured Bayer for their misleading ad campaigns which downplayed Yaz and Yasmin's serious risks. 

Yaz and Yasmin plaintiffs and their attorneys are encouraged to contact RD Legal at 1-800-565-5177 or visit http://www.legalfunding.com for more information about immediate settlement financing as soon as their settlement amounts have been determined. Founded in 1997, RD Legal has established itself as one of the nation's leading providers of lawsuit settlement funding to attorneys and plaintiffs.  

Sources:

http://www.aboutlawsuits.com/settlement-agreements-yaz-yasmin-lawsuits-30089/

http://www.madisonrecord.com/news/245130-settlements-in-yaz-litigation-continue-mediator-is-cautiously-optimistic-that-end-is-in-sight

http://www.sfgate.com/business/prweb/article/Alonso-Krangle-LLP-Reports-Progress-in-Yaz-3693826.php

http://www.publichealthwatchdog.com/yaz-yasmin-settlements-progressing-talks-could-continue-another-year/

 


'/>"/>
SOURCE RD Legal Funding, LLC
Copyright©2012 PR Newswire.
All rights reserved

Related medicine technology :

1. Winner Medicals Special Committee Appoints Independent Financial Advisor and Retains Legal Counsel
2. Larry Flynt Argues for the Legalization of Marijuana
3. Access Legal from Shoosmiths Announces £10.8m Payout for 11-year-old Left Disabled From Birth
4. Johnson & Johnson Expects to Incur Special Charge in Second Quarter for Previously Disclosed Legal Matters
5. Leading Pension Annuity Provider Legal & General, Celebrates 175 Years
6. ZO Skin Health, Inc. Sues Third-Party Pirates Over Illegal Sales of its Products
7. DePuy & Transvaginal Mesh Lawsuit Settlement Funding Leads Legal-Bay to Banner 2nd Quarter
8. ShangPharma Independent Committee Appoints Chairman and Legal Counsel
9. Independa Closes Convertible Note Funding at $2.35 Million
10. Xtelligent Media Raises $800K in Funding and Launches EHRintelligence.com
11. Lexicon Receives Funding for Phase 2 Clinical Trial of LX4211 in Type 1 Diabetes
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/24/2016)... --  Pulmatrix, Inc ., (NASDAQ: PULM ), ... today that it was added to the Russell Microcap ... set of U.S. and global equity indexes on June ... for Pulmatrix," said Chief Executive Officer Robert Clarke ... in developing drugs for crucial unmet medical needs, and ...
(Date:6/23/2016)... June 23, 2016  MedSource announced today that ... e-clinical software solution of choice.  This latest decision ... value to their clients by offering a state-of-the-art ... relationship establishes nowEDC as the EDC platform of ... full-service clients.  "nowEDC has long been a preferred ...
(Date:6/23/2016)... , June 23, 2016 Research ... "Pharmaceutical Excipients Market by Type (Organic Chemical (Sugar, Petrochemical, ... (Oral, Topical, Coating, Parenteral) - Global Forecast to 2021" ... The global pharmaceutical excipients market is ... a CAGR of 6.1% in the forecast period 2016 ...
Breaking Medicine Technology:
(Date:6/25/2016)... Montreal, Canada (PRWEB) , ... June 25, 2016 , ... ... the pursuit of success. In terms of the latter, setting the bar too high ... low, risk more than just slow progress toward their goal. , Research from ...
(Date:6/24/2016)... ... 2016 , ... June 19, 2016 is World Sickle Cell Observance Day. In ... benefits of holistic treatments, Serenity Recovery Center of Marne, Michigan, has issued ... Sickle Cell Disease (SCD) is a disorder of the red blood cells, which can ...
(Date:6/24/2016)... MIAMI, Fla. (PRWEB) , ... June 24, 2016 , ... ... Florida Trend magazine’s 2016 Legal Elite. The attorneys chosen by their peers for this ... of Florida. , Seven Greenberg Traurig Shareholders received special honors as members of this ...
(Date:6/24/2016)... ... ... Inc, makers of Topricin and MyPainAway Pain Relief Products, join The ‘Business for a Fair ... hour by 2020 and then adjusting it yearly to increase at the same rate as ... the wage floor does not erode again, and make future increases more predictable. , The ...
(Date:6/24/2016)... NY (PRWEB) , ... June 24, 2016 , ... ... Haute Living, is proud to recognize Dr. Barry M. Weintraub as a prominent ... “the most beautiful women in the world, and the most handsome men, look ...
Breaking Medicine News(10 mins):