Texas jury cleared Bayer, the German drug company, of liability in a $560 million lawsuit that accused the company of ignoring research linking the cholesterol-lowering drug Baycol to dozens of deaths. The lawsuit was filed in behalf of Hollis Haltom, an 82-year-old retired oil company engineer who said he fell seriously ill after taking Baycol.
The lawsuit was the first to go to trial of more than 8,400 cases involving Baycol that have been filed against pharmaceutical giant. Bayer pulled Baycol off the market in 2001 after it was linked to more than 100 deaths.
“The verdict validates Bayer’s assertion that the company acted responsibly in the development, marketing and voluntary withdrawal of Baycol,” Bayer said in a statement.
Bayer has said that it has settled more than 450 cases out of court at a cost of $125 million.
(via The Associated Press)
1 response so far ↓
RE;CARROL McGURREN // Sep 7, 2003 at 8:24 pm
Iwas given the baycol drug in 2001 and have suffered from many syptoms. i was hospitalized multiple times for these problems. i would be very greatful if you could send me more info.
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