Actos Bladder Cancer Cases Unlikely to Hurt Profits
By John Curran
Hundreds of Actos bladder cancer lawsuit attorneys have filed claims on behalf of plaintiffs alleging that Takeda Pharmaceutical did not warn patients of the risk of Actos congestive heart failure side effects and other conditions caused by their drug. Don’t expect Takeda or the newly minted generic manufacturers who will sell the drug to worry too much.
The drug is simply too profitable, even with the risk of potentially deadly conditions. In 2009, according to recent court documents, Takeda made $3.4 billion in worldwide sales. While France has recently banned the sale of the diabetes drug because of Actos bladder cancer concerns, the market is still too great.
Further, the FDA fast-tracked the approval of the generic versions of Actos by three separate manufacturers for a six-month exclusivity period. In spite of the fact that generics are normally much less expensive, the generic firms like Mylan and Watson have one benefit. During the exclusivity period, they can charge prices very close to the brand-name price from Takeda.
Actos bladder cancer lawsuit attorneys will likely eventually file claims against them. By then, though, these companies will have created a cash cushion large enough to pay off most claimants in the case of a trial going to a jury award or being preempted by a settlement.
The rising population of Americans with Type 2 diabetes and taking the premier drug on the market assures that the companies will be just fine. Moreover, there has been a distinct lack of action by the FDA (they only recently added a warning for Actos bladder cancer risks in 2011) over the more than 10 years it’s been on the market.
Actos congestive heart failure lawsuit lawyers won’t have government documentation to support their case, and will instead focus on scientific studies to help clients.
If you or someone you know has taken the Type 2 diabetes drug and developed Actos bladder cancer conditions or other side effects, get educated. Visit our Actos Bladder Cancer Class Action Lawsuit Investigation now. There, you’ll be able to learn more about your options to pursue a claim against Takeda. Fill out the short form there to get a free consultation with an experienced Actos class action lawsuit attorney.
You may be able to get a settlement or jury award to help pay for the costs of surgery as well as rehabilitation. Learn whether or not your potential case could be successful and contact one of our partner Actos class action lawsuit attorneys today.
Updated October 30th, 2012
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