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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