Bayer Proposes $24M Settlement in Yaz and Yasmin Gallbladder Lawsuits

Washington, DC: Bayer AG, the maker of the oral contraceptives Yas and Yasmin, has agreed to pay $24 million to settle lawsuits alleging the contraceptives can cause serious, possibly fatal side effects, including heart attacks, pulmonary embolism, deep vein thrombosis, blood clots, gallbladder problems and stroke.

Bayer will reportedly pay up to a maximum of $3,000 per plaintiff, however, if more than 8,000 gallbaldder lawsuits are filed, the settlement per plaintiff will be reduced. The settlements are for people who allege they had to have their gallbladders removed due to taking either Yaz or Yasmin.

According to the terms of the proposed settlement, Bayer has stipulated that it can cancel if less than 90 percent of the eligible plaintiffs choose to participate.

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Published on Apr-1-13