AstraZeneca Settles More Seroquel Suits
London, UK: AstraZeneca, the maker of antipsychotic drug Seroquel, has agreed to pay $150 million to settle more lawsuits that allege the drug causes diabetes.
This latest settlement should conclude some 6,000 lawsuits, each of which will reportedly be settled for roughly $25,000 a piece.
According to a report on Bloomberg, this court-ordered settlement leaves AstraZeneca facing about 4,000 outstanding Seroquel claims. Last summer the UK-based pharmaceutical company said it had resolved about two-thirds of the 26,000 suits over the drug that had been filed in courts around the U.S.
Legal Help
If you have a similar problem and would like to be contacted by a lawyer at no cost or obligation, please click the link below.
Please click here for a free evaluation of your claim
Last updated on Feb-17-2011
#AstraZeneca #Seroquel #Quetiapine #CauseLegali #ClassAction
