Business Health

Local firm wins $9 billion award in Actos case

April 8, 2014

Takeda Pharmaceutical Co. and Eli Lilly & Co. were ordered to pay a combined $9 billion in punitive damages after a federal court jury in Lafayette, Louisiana found they hid the cancer risks of their Actos diabetes medicine in the first U.S. trial of its kind. Takeda, based in Osaka, Japan, was ordered to pay $6 billion. Indianapolis-based Eli Lilly, Takeda’s partner, was ordered to pay $3 billion.

Aylstock, Witkin, Kreis & Overholtz was among the first to file suit on behalf of individuals suffering injury as a result of ingesting Actos. Their early work on these cases, together with their lengthy pedigree of representing the victims of defective pharmaceutical products, led the Court overseeing the nationwide Actos litigation to appoint them to the Plaintiffs’ Steering Committee.

The firm will be issuing a statement later today.

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  • Ames April 8, 2014 at 4:09 pm
    “Takeda Pharmaceutical Co. (4502), Asia’s biggest drugmaker, put sales of its Actos diabetes drug ahead of concerns about consumer safety, a witness testified in the first trial over claims the medicine caused cancer.
    Mr. Unreal,
    In 2005 e-mails discussing whether regulators in the U.S. and Europe might seek warning labels about Actos’s potential links to bladder cancer, Takeda officials emphasized protecting the product rather than its users, Howard Greenberg, a clinical pharmacologist, said in state court in Los Angeles yesterday.

    “There are multiple e-mails from different levels of Takeda management that indicate the product came first,” Greenberg told jurors in the first day of testimony about Jack Cooper’s claims over Actos.

    Let’s get real, if it was your child, wife, Mother, or self that developed bladder cancer from Actos would that not matter to you, would you favor the interests of the pharmaceuticals?

  • jeeperman April 8, 2014 at 2:33 pm

    Do not fret.
    The defendants will appeal and tie it up in the courts forever.
    At least until all those adversely effected are dead.

    Meanwhile, no cure for cancer will ever be marketed.
    The cancer treatment industry will make sure of that.

  • Mr. Reality April 8, 2014 at 1:51 pm

    9 billion? Talk about a run away jury or jackpot justice…