Bayer and Johnson & Johnson Facing Xarelto Settlements
Mega-companies Bayer and Johnson & Johnson are staring down the barrel of a slew of lawsuits over the prescription drug Xarelto. This anticoagulant is prescribed to many patients who are at risk of life-threatening blood clots. In this case, however, the cure may prove just a bad as the disease as many patients and their families have reported Xarelto side effects including uncontrollable bleeding and, in some cases, even death.
Anticoagulants are designed to prevent blood clots, and all of them carry some inherent risk of excessive bleeding simply by the nature. Many patients are crying foul to Bayer, who manufactures the drug, and Johnson & Johnson, who distributes it. While Xarelto was approved by the FDA before it was released, many are claiming that the companies did not research sufficiently before releasing the drug. Perhaps most significantly, Xarelto does not have an emergency antidote that can be administered in the face of uncontrollable bleeding. Comparable drugs, like Coumadin, do have antidotes.
So do the patients and their families have a case? Many lawyers believe they do. Internal bleeding is a serious condition and if it occurs or spreads near a major organ, it can be fatal. Furthermore, many patients who took Xarelto were either at risk of or recovering from another major condition, such as a heart attack, stroke, or deep vein blood clot. Internal bleeding can further weaken the patient and make recovery times even longer.
Bayer and Johnson & Johnson are responding to the Xarelto lawsuits. The product has only been on the market since 2011 and the companies have announced that they will continue to pursue clinical studies through 2018 to make sure that Xarelto is the best drug possible for anticoagulant issues.
Affects that these lawsuits could have upon Bayer and Johnson & Johnson appear to be mixed. For now, sales of the prescription drug are holding strong and actually projected to increase. Drug companies like Boeringer Ingelheim have been known to shell out millions of dollars in payment for bleeding side effects like those of Xarelto. As more patients become aware of the litigation surrounding the drug, more victims of the side effects may realize that they have a potential case against the companies, leading to more settlements for the drug companies to pay out. There is some indication that some of the proceedings will be coordinated in order to maintain orderliness in the discovery and pretrial sections.
Have you experienced internal bleeding? You may qualify for a Xarelto lawsuit!
If so, you should immediately contact your doctor to ask about the potential Xarelto bleeding side effects, risk factors for complications, and possible substitute medications. If you believe that you have already experienced harmful side effects due to Xarelto, a lawyer can advise you on the process for filing a claim and gaining restitution from the drug companies. Because the harmful effects are becoming more well-known, you may be able to build a strong case and reach a settlement with the help of a skilled lawyer. Call (888) 471-8787 today to speak with a skilled patient representative or fill out the form found on this page.