Testosterone Lawsuit Settlement
More than 1,300 testosterone drug lawsuits were settled following an agreement with plaintiffs and manufacturers, Endo Pharmaceuticals Inc., GlaxoSmithKline LLC and its Auxilium unit, according to Bloomberg News. The lawsuits did not cover cases against AbbVie Inc., the biggest manufacturer of testosterone replacement drugs and the maker of AndroGel. However, it will result in resolution of about 22 percent of the testosterone drug lawsuits pending in a multi-district litigation in a federal court in Chicago.
Plaintiffs in these cases allege pharmaceutical companies concealed the dangers of these testosterone-boosting medications in their marketing to middle-aged men.
The terms of the deal (which is tentative) weren’t released, but we do know the male plaintiffs in these cases alleged the drug that was made by Endo and promoted by Glaxo had the potential to cause deadly blood clots. A spokeswoman for the manufacturers said the settlement deal will not require the drug makers to admit any liability or wrongdoing. However, it will result in a payout to those individuals harmed by the drug, including those whose loved ones died while taking the drug. Read More