posted by on Dec 18

Zyprexa is a Diabetes drug made by Eli Lilly & Company.  It’s an extremely profitable product for the drug maker, bringing in 4.9 billion dollars in sales just last year.  That makes it the top selling product of one of the top drug makes in the world.  The drug, however, is at the heart of an ongoing struggle to form a Zyprexa class action lawsuit.

The drug was approved by the FDA to treat bipolar disorder and schizophrenia.  It’s heavily marketed by Eli Lilly, and there is strong demand for the drug.  The marketing features impressive claims as to the effectiveness of the drug in treating the serious bipolar disorders and schizophrenia.  The Zyprexa class action claims that this marketing was exaggerated, which increased demand, which caused the price of the drug to go higher.

The Zyprexa class action was brought by plaintiffs representing unions, insurers, and pension funds who claim that the exaggerated advertising of the effectiveness of Zyprexa caused them to have to pay more for the drug.  In 2008, their case was granted class action status.  However, that ruling of status has just been overruled and the Zyprexa class action is no longer on the dockets in Federal court.

The Zyprexa class action status was denied because the individuals who purchased Zyprexa did not have enough in common with the insurers, pension funds, and unions who represented the other portion of the group of plaintiffs.  For a class action to be certified, the many plaintiffs must have enough in common for them to be represented together as a group.  This Fall, the Federal Appeals Court of New York overturned the class action status of the Zyprexa lawsuit, about two years after the status had been granted to the case.  Members of the Zyprexa class action plaintiffs had been, among others, the United Federation of Teachers Welfare Fund and a group that represent retired NY police sergeants and their families.

posted by on Feb 21

Avandia Class Action Over Side Effects

An Avandia class action is brewing since release this week of a Senate investigation into the popular Diabetes drug.  Confidential federal reports link Avandia to heart attacks and heart failures, and over three hundred deaths in the last three months of 2009.

Avandia is a drug made by GlaxoSmithKline for treatment of Diabetes Type 2.  The drug has been controversial for years, as some reports held by the Feds link Avandia side effects to heart failure and heart attacks.  But only this week has the idea of an Avandia class action hit the news, because of the Senate investigation.

Results of the investigation are that GlaxoSmithKline should have warned patients who take Avandia about the serious side effects.  Scientists from the FDA even advocate removing Avandia from the market.  There is an alternative, called Actos, which has not been associated with such serious side effects.

Avandia has been linked to 500 heart attacks and 300 heart failures each month.  Reports as far back as 2007 from studies conducted on patients taking Avandia show links to heart problems from the drug.  In 2006, sales of Avandia produced for GlaxoSmithKline $3.2 billion.  After the 2007 study, profits decreased for Avandia, which had once been one of the biggest-selling drugs in the world.

The main point of the Avandia class action is that GlaxoSmithKline failed to put warnings on the label about the serious side effects.

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