Have You Been Injured? We're Ready to Fight for You.

Takata Agrees to Pay $2.4 billion to settle Actos cases

Published on Jun 11, 2015 at 3:21 pm in Product Liability.

Takeda Pharmaceutical has agreed to pay $2.4 billion to settle it’s product-liability lawsuits filed by patients and their relatives who claimed the company’s diabetes drug Actos caused bladder cancer. This would resolve the claims, which currently number about 9,000, made by plaintiffs’ lawyers that say Takeda concealed the cancer risk in Actos.

Although Takeda did not admit liability, it did agree to settle to “reduce the uncertainties of complex litigation.” It did say that the claims in the lawsuit were without merit and that the benefits greatly outweighed the risks of the medication. Despite the lawsuit, Actos is still available to consumers.

Besides the risk of bladder cancer, lawsuits are being filed for the following reasons. Actos: manufactured a defective product, failed to properly test the product, concealed testing and research data from the public, provided misleading data to the public, manufactured an unsafe product, knew the dangers of the product but sold it anyway to maximize profits, and breached warranty by selling a drug that was not fit for use. According to the FDA, there is also significant risk of congestive heart failure from taking Actos.

In order for the settlement to take effect, 95 percent of plaintiffs must agree to it. Each plaintiff would receive a variable amount however, dependent on factors including the cumulative dosage of the drug used, the extent of the injury, and the user’s smoking history.

Since 1999, sales of Actos have gone above $24 billion with more than 100 million prescriptions written. The Food and Drug Administration has added a warning about the risks of bladder cancer to the label back in 2011. It said that using the product for two years or more led to a 40 percent increased risk of bladder cancer.

In Louisiana, in the most lucrative individual case thus far, a jury awarded a plantiff $36.8 million. The verdict originally awarded $9 billion after the judge decided that Takeda had hidden the risks of cancer.

Meet Your Team

Tad Thomas - Trial Lawyer

Tad Thomas

Managing Partner

Tad Thomas has dedicated his practice to representing plaintiffs in various types of civil litigation, including personal injury, business litigation, class actions, and multi-district litigation.

After graduating with his law degree in 2000 from Salmon P. Chase College of Law at Northern Kentucky University, Mr. Thomas immediately opened his own private practice and began representing injury victims.

In 2011, Thomas Law Offices was established in Louisville, Kentucky. Over the past decade, Mr. Thomas has expanded his firm and now has offices in three additional locations: Cincinnati, Ohio, Columbia, Missouri, and Chicago, Illinois. He is also a frequent lecturer on topics like trial skills and ethics and technology.

Free Case Evaluation

At Thomas Law Offices, our personal injury attorneys recognize that our potential clients are likely going through some of the most difficult times of their lives. We don't want you to have to worry about paying out-of-pocket for legal advice when you're just starting to learn your legal rights and options. That's why we provide free case evaluations. We'll offer our expert advice about your potential case and walk you through how we can help you.

Call us or fill out the form below to tell us about your potential case and a personal injury lawyer will get back to you as quickly as possible.

Legal & Firm News

New York Nursing Homes to See 5% Profit Cap in 2022

Under a new budget established by Governor Andrea Cuomo’s office, all nursing home operators in New York will be required to return all profits in excess of five percent to the state beginning in January 2022.

Read More

End-of-Life Care and Your Rights in Illinois

As someone nears the end of their life—whether it be sudden or an expected decline, decisions will need to be made about allowable medical care, the person’s estate, and what their wishes are in terms of funeral services. While it’s normal for family members not to want to have those discussions, it’s imperative to have […]

Read More

University of Evansville Sued, Former Basketball Coach Accused of Sexual Harassment

A former student athletic trainer from the University of Evansville has filed a lawsuit against the Indiana institution, alleging sexual assault and a pattern of sexual harassment by a former basketball head coach.

Read More