Bayer AG said it had paid $614 million to settle 1,683 cases over its recalled anti-cholesterol drug Baycol out of court, which was linked with over 100 deaths in August 2001.
“We will continue our settlement policy. We try to agree on fair compensation for anyone who experienced serious side effects from Baycol on our own initiative and without acknowledging any legal liability,” a Bayer spokeswoman said.
According to Bayer’s Web site, the German chemicals and pharmaceuticals group now faces 11,300 Baycol cases, 200 more than previous reports.
(via Reuters)
4 responses so far ↓
walter Kunashko // May 20, 2004 at 12:07 pm
Keep me updated to Baycol Canadian legal case in Ontario.
Thanks.
walter kunashko // Sep 13, 2004 at 1:00 pm
I am wondering if my health will ever improve from the damages from baycol
walter kunashko // Sep 19, 2004 at 8:50 am
Please notify me if baycol cases in ontario are still on going, do I stand
a chance of any compensation.
walter kunashko // Feb 21, 2005 at 7:10 am
whereever did my baycol case go after so much blood work tests, and after all my pain and suffering while on the medication.
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