The Yaz Resource Center is the Web’s largest source for information on Yaz research, side effects and legal news. July 27, 2012
The Yaz Resource Center, a patient advocacy group, is alerting women who have suffered side effects after taking the birth control drugs Yaz and Yasmin that Bayer Pharmaceuticals is currently settling claims. However, it is important to select a reputable law firm to make sure your case is handled properly.
The British Medical Journal published a report from The University of Copenhagen on October 25, 2011 linking the hormone in Yaz to blood clots. Two days later, the FDA released its own study entitled "Combined Hormonal Contraceptives and the Risk of Cardiovascular Disease Endpoints" which found Yaz and similar drugs could increase the risk of blood clots, DVT and pulmonary embolism by as much as 74%.
The Institute for Safe Medicine Practices’ QuarterWatch also recently published a study on May 31, 2012 which showed Yaz and Yasmin were the second-worst drugs in 2011 for the number of adverse events reported to the FDA. Together, they resulted in more than 8,000 side-effect complaints.
Due to the number of Yaz lawsuits filed by patients, a federal Multi-District Litigation court was established in Illinois to handle the legal process. The formal case is known as Yasmin and Yaz (Drospirenone) Marketing, Sales Practices and Products Liability Litigation (MDL No...The court estimates as many as 11,000 patients have filed a claim.
Bloomberg News reported on April 13, 2012 that Bayer would begin settling Yaz lawsuits at approximately $220,000 per case. In its first quarter Stockholders’ Newsletter for 2012, Bayer stated it had paid $142 million to settle more than 600 Yaz cases so far.
Now, on July 11th, 2012, The Madison Record reported that the special master appointed to oversee settlement negotiations for the federal MDL case, Stephen Saltzburg, estimates as many as 1,500 settlements have been reached for Yaz lawsuits and negotiations could be concluded within a year.
With settlement news spreading, the Yaz Resource Center has received inquiries from patients who’ve been promised quick settlements and lawsuit proceeds within days.
The Resource Center cautions patients that while Yaz settlements are available, only certain law firms will be able to secure settlement of their cases. It typically takes months for medical records and documents to be approved before proceeds are received. Anyone who is told otherwise should be suspicious.
Patients who settle a Yaz lawsuit may be offered an advancement or loan on their case, however, this should be avoided if possible as these types of loans often charge high interest rates of 20% or more.
The Resource Center only recommends certain lawyers who have already settled Yaz lawsuits. For more information on the research, side effects and litigation related to the drug Yaz, or to speak with a lawyer, visit http://www.YazLawsuit.com.
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