Recently, AstraZeneca PLC has agreed to settle with nearly 4,000 Seroquel product liability lawsuits, according to LexisNexis. The terms of these settlements are confidential at this time.
Seroquel is a type of medication used to treat schizophrenia, manic, and depressive episodes associated with bipolar disorder. It is a new class of antipsychotic medication and works by changing actions of chemicals in the brain.
AstraZeneca PLC is one of the U.K’s biggest drugmaker companies and manufactures Seroquel. It is alleged that Seroquel causes diabetes and because of this the company has been facing a large numbers of lawsuits.
Judge Anne C. Conway ordered mediation in the Seroquel multi-district litigation in the U.S. District Court for the Middle District of Florida. As a result of this mediation, AstraZeneca has made “agreements in principle on monetary terms, subject to various subsequent conditions, approvals and agreement on non-monetary terms, with the attorneys representing nearly 4,000 claimant’s.” The terms have been kept confidential because the mediator in the case requested that it would be so.
AstraZeneca said as of June 29, it was defending the company against 10,363 Seroquel lawsuits in the United States. Those lawsuits involved 22,412 plaintiff groups. These cases were primarily in Delaware, New Jersey, New York and Alabama. In California, 1,000 plaintiffs were consolidated into one federal court.
There are still many lawsuits that haven’t served AstraZeneca yet and will also need to be resolved.
If you have taken a pharmaceutical drug such as Reglan, Metoclopramide, Accutane, Dilantin, Yaz or others and have suffered severe side effects, you may have grounds to bring a product liability lawsuit to seek recovery for your injuries. If you have taken any dangeous drug that has resulted in severe or adverse side effects, you should call our Dangerous Drug Lawyers at Childers, Schlueter & Smith to see how they can help protect your legal rights and interests.