Avandia Injury Lawsuits Go to Mediation
A federal judge is pushing for mediation to settle a number of outstanding Avandia side effects lawsuits.
This latest development comes after GlaxoSmithKline, the pharmaceutical company that manufactures Avandia, agreed to pay approximately $3 billion to resolve claims that it illegally marketed the drug. U.S. District Judge Cynthia Rufe has since ordered the drug-maker to enter into mediation proceedings to settle an unspecified number of Avandia personal injury lawsuits that were consolidated into multidistrict litigation in Philadelphia.
GlaxoSmithKline has a 75-day window in which to settle 85% of the remaining lawsuits. If the specified number of cases are not settled within this time frame, Judge Rufe will begin fast-tracking the cases for trial. Some of the oldest lawsuits could go to trial within 60 days if the mediation effort fails.
GlaxoSmithKline was expected to face Avandia trials in both California and Mexico beginning this month but those trials have subsequently been pushed back to next year.
In addition to the $3 billion federal lawsuit, the company has previously agreed to pay over $700 million to settle claims brought by Avandia users who alleged that the drug caused severe side effects, including heart attacks and strokes. Those settlements were paid to approximately 10,000 litigants. It is estimated that there are another 20,000 or so Avandia side effects lawsuits that remain unresolved.
Avandia (rosiglitazone) was originally developed as Type 2 diabetes drug, similar to Actos. The drug was used by millions of people before research was published citing a link between Avandia and an increased for heart disease and heart attack. It is estimated that more 100,000 Avandia users have suffered heart attacks since the drug first came on the market.
GlaxoSmithKline issued a statement last year saying it would stop promoting Avandia worldwide. This is believed to be primarily due to a recall of the drug in European markets and a restriction on sales in the U.S., both stemming from the heart attack risk studies. Since then, sales of Avandia worldwide fell almost 43%. The drug was once one of the biggest moneymakers on the market, generating nearly $3 billion in revenue annually.
If you or someone you love has suffered heart attack, stroke or other serious side effects as a result of using Avandia, you need to speak with a qualified Avandia litigation expert today. At the law firm of Nadrich & Cohen, we specialize in handling Avandia injury claims and we are dedicated to helping Avandia users like you get the compensation you deserve for your medical bills, lost wages and pain and suffering.
Contact one of our expert Avandia lawyers today by calling 1-800-722-0765 . We guarantee every client a free initial case evaluation and there is never a fee unless we recover a judgment on your behalf. Call us today to speak with a member of our Avandia injury legal team to get the help you need to win your personal injury case.