Tag Archives: actos

Takeda to Shell Out $2.4 Billion After 97% of Claimants Participate in Settlement

As of September 2015, 97% of potential claimants have signed up to receive a portion of the $2.3 billion settlement that was announced in April 2015 between Takeda Pharmaceuticals and plaintiffs claiming that Takeda’s diabetes drug Actos caused their bladder cancer. In the process of attracting claimants, Takeda settled 7 of the 9 cases that had already gone...
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Destroyed Actos Files Mean Fines for Takeda

A jury has ordered Takeda Pharmaceutical Company to pay $155,000 after the company intentionally destroyed documents related to the development and marketing of its Actos diabetes medicine—documents that, a jury concluded, hindered a man from proving his claims that the drug caused his cancer. This isn’t the first time the Japanese drug manufacturer has found...
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