New Orleans Actos Side Effects Attorneys
Actos ® is one of a class of medications called thiazolidinediones that increase the body’s sensitivity to insulin and help control blood sugar levels in Type II diabetics. Actos® is manufactured by Takeda Pharmaceuticals, a Japanese company, and is currently the world’s best-selling diabetes medication.
Numerous studies have shown, however, that Actos® causes an increased risk of bladder cancer. For example, a study by the French Medicines Agency found that Actos ® users have a 22% higher bladder cancer incidence than those taking different drugs. In June 2011, France recalled Actos® from its market. To date, the FDA has not issued a recall, but it has issued a formal Actos® safety communication, ordered an Actos ® safety review, and required updated drug label safety warnings. In addition to an increased risk of bladder cancer, Actos® has been linked to other serious potential side effects, including increased risk of heart attacks or congestive heart failure.
Lawyers around the country have filed thousands of lawsuits alleging that Actos® has caused them to develop bladder cancer and other harmful side effects. Those suits also allege that Takeda Pharmaceuticals and Eli Lilly & Co., which marketed Actos® in the United States from 1999 and 2006, concealed known health risks and failed to provide adequate warnings to the medical community and the public at large. In December 2011, these lawsuits were consolidated into a multi-district litigation (MDL) before Judge Rebecca Doherty in the Western District of Louisiana, where they are currently pending.
Takeda Pharmaceutical Company Settles for $2.37 Billion
In April of 2015, Takeda Pharmaceutical Company agreed to a $2.37 Billion settlement to plaintiffs who suffered from bladder cancer as a result of using the Type 2 diabetes drug Actos. This is one of the largest drug lawsuit awards in the history of the U.S.
Because the right to sue for Actos® injuries is subject to time limitations, it is important that you act as soon as possible to protect your rights.