On March 25, 2019, Xarelto manufacturers Janssen Pharmaceuticals, Inc. (a subsidiary of Johnson & Johnson), Bayer Healthcare and lead counsel for plaintiffs in the coordinated federal and state court actions announced that they have reached a $775 million private settlement agreement to resolve all lawsuits filed by patients who suffered a bleeding injury after taking Xarelto, a prescription blood thinner drug. According to the agreement, a claims administrator and special master will be appointed to manage the claims process, including any appeals of claim determinations, and will be responsible for determining how funds will be allocated to those who are entitled to payment.
According to the press release, in addition to addressing lawsuits that are already part of the multidistrict litigation, the settlement agreement resolves newly filed claims that meet certain criteria, including plaintiffs who had retained a lawyer to investigate Xarelto-related personal injury claims before March 11, 2019, register their claim by March 28, 2019, and file a civil action by April 4, 2019. Individuals involved in these lawsuits should contact their personal attorneys to address eligibility questions.
More than 25,000 lawsuits have been filed by Xarelto patients who alleged they suffered injuries such as internal bleeding, stroke and death. The lawsuits claim that the manufacturers downplayed Xarelto's risks and aggressively marketed the drug as an alternative for warfarin in patients needing blood thinners to avoid dangerous clots. The lawsuits allege that doctors and patients were not fully informed of the risks, which allegedly have resulted in life-threatening complications. The coordinated federal Xarelto case is In re: Xarelto (rivaroxaban) Products Liability Litigation, case number 2:14-md-02592 in the U.S. District Court for the Eastern District of Louisiana.
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