$2.4B
Product Liability
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Case Details
Global settlement for bladder cancer lawsuits caused by the diabetes drug Actos (pioglitazone) against Takeda Pharmaceutical Co. and Eli Lilly.
Additional Notes
Largest single mass tort settlement for a drug still on the market. Involved nearly 10,000 Actos lawsuits. Other media mentions: http://www.fiercepharma.com/story/its-official-takeda-pay-bargain-23b-settle-actos-lawsuits/2015-04-28, http://chicago-land.legalexaminer.com/fda-prescription-drugs/takeda-agrees-to-pay-2-4-billion-to-settle-actos-bladder-cancer-lawsuits/