Yaz, Yasmin & Ocella Lawsuit Settlements Expected to Grow
By Andrea Gressman
Bayer Pharmaceuticals, the manufacturer of Yaz, Yasmin, and Ocella, continues to settle a number of lawsuits related to dangerous birth control side effects caused by blood clots. However, it has been reported that a large number of new Yaz, Yasmin, and Ocella lawsuits continue to be filed on behalf of plaintiffs across the United States. This seems to put in question whether or not there is a light at the end of the tunnel when it comes to Bayer Pharmaceuticals eventually getting all of the Yaz, Yasmin, and Ocella lawsuits settled and being able to move on without such a huge monetary risk continually hanging over the company’s head.
It appears that despite the fact that a large number Yaz, Yasmin, and Ocella lawsuits have been filed against the drug manufacturer already, that there are many more Yaz, Yasmin, and Ocella lawsuit plaintiffs out there who have not yet filed an individual or class action lawsuit case. One of the major reasons that so many of these Yaz, Yasmin, and Ocella lawsuits are being filed is due to the side effect risk of developing a blood clot causing significant injury that many of the patients have experienced.
It has already been reported that Bayer Pharmaceuticals has increased the amount it was going to give in Yaz, Yasmin, and Ocella lawsuit settlements. It has also been reported that the average Yaz, Yasmin, and Ocella lawsuits is being settled for over $200,000. However, in new reports it is being estimated that Bayer Pharmaceuticals may actually have to increase their overall settlement budget again.
Despite the enormous amount of money that has been set aside by the company settle all of these Yaz lawsuits, it has become evident that this amount may not be enough and the amount of money used to settle may end up being in the billions of dollars range. However, even though the Yaz, Yasmin, and Ocella lawsuit settlement number is a big one, it is not expected to bankrupt Bayer Pharmaceuticals due to its multinational status. But, there have been some stock analysts that estimate that many of the stock holders could react negatively in regards to the amount of Yaz, Yasmin, and Ocella lawsuit settlement money needed continually being increased and this may continue to affect Bayer Pharmaceuticals in a negative way.
When it comes to companies like Bayer Pharmaceuticals, they expect to be sued periodically. But, in the case of the Yaz, Yasmin, and Ocella lawsuits, companies do not expect to have massive numbers of lawsuits filed against them. This type of occurrence can damage the company’s image and reputation significantly.
If you or someone you love took one of the birth controls Yaz, Yasmin or Ocella and suffered a side effect of a blood clot and/or a blood clot related injury, it is important to know your legal options right away. Visit our Yaz/Yasmin, Beyaz & Ocella Birth Control Pill Class Action Lawsuit Settlement & Investigation page to gain the knowledge that you need to make an informed decision regarding potentially filing a Yaz, Yasmin, and Ocella lawsuit.
Updated November 14th, 2012
All medical device, dangerous drug and medical class action and lawsuit news updates are listed in the Drug and Medical Device section of Top Class Actions.
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