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In February 2013, Bayer’s pharmaceutical division released its 2012 annual report that detailed the approximately 43 percent decline in earnings the drug company experienced last year. Reuters reported that this loss in earnings is not because of a decrease in sales, but largely in part due to the more than $1.5 billion Bayer has put aside for current and future Yaz, Yasmin and Ocella lawsuits. These lawsuits are seeking damages for victims who have suffered serious injuries because of the company’s negligence in failing to warn them of potentially harmful side effects associated with the oral contraceptives.
However, the decreased amount Bayer reported is insignificant compared to the massive profits the drug company continues to make. Even though the potentially dangerous drugs pose as a known threat to women—the US Food and Drug Administration (FDA) reported the drugs raise a patient’s risk of developing deep vein thrombosis, pulmonary embolism and blood clots by roughly 75 percent—Bayer continues to profit from these birth control pills.
There are approximately 10,000 Yaz lawsuits currently pending in court against Bayer, but there are thousands of women affected that have not yet sought legal recompense. Unless Bayer rectifies the situation, there will likely be thousands more.
Our firm has conducted independent investigations into the false advertising practices used by Bayer to deceptively market the use of Yaz, Yasmin and Ocella to its consumers. Additionally, our class action attorneys have been heavily involved in litigation against Bayer since victims began experiencing these known Yaz side effects.
It is not too late to seek compensation from Bayer for the injuries you have sustained due to their negligence. Our Yaz lawyers offer a free, extensive evaluation of your case. Call(888)841-9623 or fill out our online contact form today to speak with an attorney who understands and wants to hear about your experience if these drugs caused you harm.
Zoll & Kranz, LLC – class action lawyers
Michelle is a founding partner of Zoll & Kranz, located in Toledo, Ohio. Michelle has been a plaintiff’s lawyer for the entirety of her practice – over 32 years. She devotes the majority of her time to complex consolidated litigation and class action including advocating for people injured by medical devices, prescription medications, or corporate negligence.
This article has been written and reviewed for legal accuracy and clarity by the team of writers and attorneys at Zoll & Kranz, LLC and is as accurate as possible. This content should not be taken as legal advice from an attorney. If you would like to learn more about our owner and experienced Ohio injury lawyer, Michelle L. Kranz, you can do so here.
Zoll & Kranz, LLC does everything possible to make sure the information in this article is up to date and accurate. If you need specific legal advice about your case, contact us. This article should not be taken as advice from an attorney.
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A serious injury can have life-altering results.
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