Bayer Indicates Progress in Essure Settlement Talks
Category: Essure
More Info: Defective Medical Devices
Victims of Essure birth control implant injuries may soon get the compensation they deserve.
Manufacturer Bayer has indicated it is making progress in settlement talks with plaintiffs’ lawyers, and that it has set aside $1.47 billion for potential settlements involving approximately 32,000 lawsuits pending around the country.
Essure is a form of permanent birth control that Bayer sold from 2002 through 2018, after which the company stopped distributing the product in the U.S. because of restrictions implemented by the U.S. Food and Drug Administration (FDA).
Bayer Considering Settlements, but Maintains Essure is Safe
As of July 24, 2020, Bayer faced roughly 32,000 lawsuits filed by Essure users claiming to have suffered from serious injuries caused by the birth control device, including hysterectomy, pain, bleeding, perforation, unwanted pregnancy, and more. The plaintiffs seek both compensatory and punitive damages.
For more information on the progress of the Essure litigation, check out these excellent articles on our blog:
- Latest Bayer Report Shows Thousands More Essure Adverse Events
- Essure Birth Control Lawsuit
- Essure Lawyers Request MDL to Centralize Lawsuits
- Essure Birth Control Lawsuit Settlement
- FDA reviewing complaints about Essure
- Essure: Doctor files death report
- Essure Birth Control Device Blamed for Years of Pain
Bayer recently indicated in its second-quarter results announcement that it had seen progress in recent settlement talks: “Recently discussions on potential settlements have intensified which made good progress in recent weeks.” The company added that it continues to “support the safety and efficacy of the Essure device and are prepared to vigorously defend it in litigation.”
Continue reading...
See the full, original post here: https://newyork.legalexaminer.com/legal/bayer-indicates-progress-in-essure-settlement-talks/
TriMark Legal Funding was founded in 2003 and is one of America's original lawsuit funding companies. TriMark provides pre-settlement lawsuit loans and post-settlement lawsuit loans to injured plaintiffs who are involved in personal injury lawsuits, employment litigation, work injury accidents and workers compensation lawsuits, mass tort litigation, and multidistrict litigation. We also provide legal fee funding for attorneys and law firm loans.
| Other Mass Torts | Other MDL Funding |
Click here to see the original article.
