Takeda Pharmaceuticals Company Limited, together with its wholly-owned subsidiary, Takeda Pharmaceuticals U.S.A., Inc., have agreed to pay $2.37 billion to resolve thousands of product liability lawsuits pending in the U.S. involving allegations that the companies’ prescription diabetes drug, Actos, caused cancer. The settlement seeks to resolve a collection of multidistrict litigation proceedings, the first trial of which resulted in a $9 billion verdict in April 2014 we previously reported.
If you or some you know was prescribed Actos and believe you have a claim, you should immediately speak with an attorney familiar with the settlement and litigation. The Master Settlement Agreement, available for viewing and download at www.actosofficialsettlement.com, has many conditions and eligibility requirements, the most important of which are:
- You must have started taking Actos prior to December 1, 2011
- You have been diagnosed with bladder cancer
- If you haven’t done so already, you must retain an attorney by Friday, May 1st 2015
To be included in the settlement, a preliminary census form must be on file by Friday, May 8, 2015.
To discuss your potential claim, please contact attorney Jason J. Thompson of Sommers Schwartz as soon as possible if you suspect you have been injured by the Actos drug.