COOK COUNTY RECORD

Recent News About Takeda Pharmaceutical Company View More

• 

  Meyers & Flowers: Enough plaintiffs opt into Takeda Actos drug settlement program to trigger $2.4 billion payout

  By Jonathan Bilyk | Friday, Oct 9, 2015 @ 5:39pm

  Enough claimants have signed on to trigger a $2.4 billion payment from Takeda Pharmaceuticals to settle a large dose of the litigation pending against the drugmaker over the alleged negative effects of its Actos diabetes drug, lawyers for thousands of the plaintiffs have announced. On Oct. 7, Meyers & Flowers, a law firm based in St. Charles, Ill., said it has confirmed enough of the 9,000 plaintiffs nationwide have opted into a resolution program to prompt the payment.

  ---