$9B
Product Liability
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Case Details
Punitive damages verdict against Takeda and Eli Lilly for Actos bladder cancer in the first federal bellwether trial (Terrence Allen, et ux v. Takeda Pharmaceuticals North America, Inc.).
Additional Notes
Jury agreed that Takeda and Eli Lilly put profit before safety and destroyed documents. This verdict gave incentive for drug companies to settle remaining cases. Note: Firm's text states $9 billion, but Bloomberg link states $6 billion.