How Long Will It Take To Settle Actos Suits?
The lawyers at Saiontz & Kirk, P.A. represent individuals throughout the United States who are pursuing an Actos lawsuit for bladder cancer caused by side effects of the popular diabetes drug. Although a growing number of complaints have been filed in recent months, the litigation is still in the early stages and there have been no reported Actos settlement agreements reached to date.
The first Actos bladder cancer suits were filed against Takeda Pharmaceuticals in mid-2011, and it is expected that several thousand claims may ultimately be filed.
The first federal Actos trial dates began in 2013, with the first federal court trials expected to begin in January 2014. These early trial dates are used to gauge how juries are likely to respond to evidence that may be repeated throughout the litigation, so it will likely be some time before a final resolution is reached or any Actos cases are settled.
All of the claims involve similar allegations that Takeda Pharmaceuticals failed to adequately research the potential side effects of Actos, the best selling medication for the drug maker.
Actos was developed by Takeda Pharmaceuticals and approved for treatment of type 2 diabetes in 1999. Sales for for the medication have increased in recent years, with Takeda generating an estimated $3.4 billion from Actos in 2010.
Our lawyers first began reviewing whether individuals diagnosed with bladder cancer may be entitled to an Actos settlement after Takeda pharmaceuticals released interim data from an on-going 10 year study in September 2010. Five-year data from the cohort study involving nearly 200,000 patients with diabetes suggested that there may be an increased risk of bladder cancer from Actos the longer the medication is taken.
More recently, mounting evidence regarding the link between Actos and bladder cancer have resulted in new warnings being issued in the United States and some European countries have required an Actos recall to protect consumers.
Although it appears that Takeda knew or should have known about the risk of problems with their medication for years, they failed to investigate the risk of problems or warn that users may face an increased risk of bladder cancer. As a result of the drug maker’s decision to place their desire for profits before consumer safety, our lawyers believe that Takeda will be required to pay substantial compensation to settle Actos lawsuits filed on behalf of consumers throughout the country.
REVIEW WHETHER YOU MAY BE ENTITLED TO A SETTLEMENT FOR ACTOS
To review a potential claim with our Actos attorneys for youself, a friend or family member, request a free consultation and Actos settlement consultation.