As of April 26, Bayer had paid $142 million in settlements to resolve 651 claims. However, one Wall Street analyst has predicted the company will likely have to shell out $2.65 billion to settle all Yasmin and Yaz cases, which seems a reasonable amount considering that the company reported its contraceptives earned $1.58 billion in sales in 2010 alone.
In the US, Bayer is only settling claims for pulmonary embolism and deep vein thrombosis, or DVT. Bloomberg News reported that these claims comprise 11,900 lawsuits involving 14,000 plaintiffs—so far.
Yasmin and Yaz Gallbladder Cases
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(Yasmin and Yaz State court consolidations were filed both in Pennsylvania and New Jersey, while most lawsuits pending have been filed in the federal court system before U.S. District Judge David Herndon and are consolidated in U.S. District Court, Southern District of Illinois, which is also known as the Yasmin and YAZ MDL.)
Despite a study published by the British Medical Journal (10/2011) that reported 1.3 Danish women taking Yasmin or Yaz had double the risk of blood clots, and even though 50 deaths (between 2004 and 2008) and thousands of serious injuries have been linked to the birth control pills, Bayer is not admitting any wrongdoing in its settlements.