Bayer AG has agreed to pay $1.08 billion to settle 2,825 Baycol lawsuits out of court, and has 7,906 cases pending, Reuters reported on Monday.
The company withdrew its anti-cholesterol drug Baycol in August 2001, after it was linked to as many as 100 deaths.
(via Reuters)

Bayer AG said it has now settled 2,059 Baycol Lawsuits out of court for a total $782 million, up from 1,959 when it last reported on the issue in December 2003. The drug maker said it still faced 10,494 Baycol lawsuits over its recalled anti-cholesterol drug, which is linked with more than 100 deaths, in [...]

A Mississippi jury cleared Bayer, the German drug company, of liability in a $156,000 lawsuit filed by an 83-year-old man claiming muscle weakness from taking the anti-cholesterol drug Baycol. The lawsuit, filed by Billy G. Slaughter of Laurel, said Baycol “drug carried an unreasonably dangerous risk for severe muscle injury and death,” reported The Clarion [...]

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 [...]

Bayer AG said it had settled 1,042 lawsuits over its recalled anti-cholesterol drug Baycol out of court, which was linked with over 100 deaths, in August 2001.
“We have settled several cases scheduled for the beginning of July in Oregon and Mississippi. As far as we know there are no other cases going to trial in [...]

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 [...]

U.S. shareholders of Bayer AG filed a lawsuit in a federal district court of New York, accusing the company of covering up information about anti-cholesterol drug Baycol, which has been linked to more than 100 deaths. Bayer is already facing more than 7,000 lawsuits worldwide for damages from Baycol patients claiming they suffered severe side [...]

Corpus Christi, TX — The first Baycol case goes to trial as jury selection begins in Haltom v. Bayer Corp., No. 02-60165-2, in a Texas, state court. Bayer is the target of thousands of product liability suits that allege that Baycol caused debilitating muscle damage and, in approximately 100 instances, death. Plaintiff’s counsel, Mikal C. [...]

FRANKFURT - Bayer AG CEO Werner Wenning said Monday the German drugs and chemical group faces 3,500 damages suits in the United States following the recall last year of Baycol, its cholesterol drug.
Baycol, which was sold under the name Lipobay in countries outside the United Sates, was recalled in August 2001 after it was linked [...]

Bayer said the number of deaths linked to its cholesterol drug Baycol has doubled from earlier estimate of 52.
(via LA Times)