Pharma companies agree to $775 million settlement over blood thinner

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Pharmaceutical companies behind blood thinner Xarelto reached a $775 million settlement in 25,000 lawsuits alleging patients were not adequately warned about the risks of life-threatening complications.

Bottles of Xarelto prescription pharmaceuticals photographed in a pharmacy in Remington, Virginia, on Feb. 26, 2019.Get breaking news alerts and special reports. The news and stories that matter, delivered weekday mornings.Associated Press

Xarelto is the brand name for the drug rivaroxaban. Among its uses is treatment and prevention of blood clots in the leg or lung and prevention of strokes in people with irregular heartbeats. Heavily advertised on television, it was hawked in a widely seen 2015 ad featuring comedian Kevin Nealon, golfer Arnold Palmer and NASCAR driver Brian Vickers.

"There is no admission of liability, and we remain steadfast that the claims raised in the litigation contradict years of scientific data and the U.S. Food and Drug Administration's repeated confirmation of Xarelto's safety and efficacy," Sarah Freeman, a spokeswoman for Janssen Pharmaceuticals said in an emailed statement.

"It may have taken more than four years and six separate trials but litigation like this is an important way for consumers to have a voice in matters of drug safety," lead plaintiff attorney Brian Barr said in the release.

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Drs give instructions when given the prescription… the Pharmacist gives instructions when prescription filled… both ask “do you have questions?” the bottle comes with instructions on it… IN the bottle there’s a detailed information paper… adequate info & instructions given

Too fast approval & lost in jungle of side effects or long term damage compare to big pharma profit as they're too cozy with FDA

SEE, all those with TDS should do a class action suit against CNN,MSNBC, NBC, ABC, CBS, NPR! They told you lies about Trump and you believed their lies, you are permanently psychologically damaged!

USA NASA MUST TAKE DOWN THE IVEL IN AMERICA WITH THE. STANGE

We have good news and bad news for you. The good news is you've won $31k from your lawsuit. The bad news is you're gonna die.

This is another bullshit financial judgement. $775 million is a pittance. Make it hurt and the abuse will stop.

But their TV commercials are all over the airwaves. Great job FCC. Always looking out for the consumer.

Sooo 3 bucks each after legal fees? 🤓

This is bull. Xarelto is exponentially more safe in regards to risks than the alternative-warfarin. Of course it comes with risks. And as a pharmacist I warn my patients with every refill. The litigious culture of the US is a shame.

775 Mil a drop in the bucket.

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