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Lilly settles 900 Zyprexa claims

INDIANAPOLIS, June 12 (UPI) — Indianapolis-based drug giant Eli Lilly and Co. said Tuesday it settled 900 more product liability claims against its top-selling drug Zyprexa.

Lilly settles 900 Zyprexa claims


Business, World | June 13, 2007
http://www.imedinews.ge/en/news_read/45372
 INDIANAPOLIS, June 12 (UPI) — Indianapolis-based drug giant Eli Lilly and Co. said Tuesday it settled 900 more product liability claims against its top-selling drug Zyprexa.

Four of the claims were scheduled to go to trial in July, The Indianapolis Star reported Tuesday. Thousands of patients sued Lilly, claiming the pharmaceutical firm hid risks of weight gain and diabetes associated with Zyprexa.

Under terms of the settlement, Lilly did not disclose the amount of the settlements, and did not admit any wrongdoing.

While we continue to believe we would have prevailed had we gone to trial, resolving these claims will help Lilly return its focus to addressing unmet medical needs for patients and physicians, Michael J. Harrington, Lilly's deputy general counsel, said in a statement.

About 750 claims remain unsettled. The company also faces lawsuits from several states -- among them Alaska, Mississippi, Louisiana, Utah and West Virginia -- seeking to recoup Medicaid money spent caring for Zyprexa patients.

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Amy Smith, psychiatric survivor, organizer and artist

From her home in Colorado, Amy Smith provides leadership for the movement to change the mental health system in a variety of ways, from events to art work for the Occupy American Psychiatric Association peaceful protests by MindFreedom International. Amy is a psychiatric survivor, who has been psych drug-free since 2008. She is the former director of Colorado’s statewide consumer organization, and the creator of RISE University, an education program designed to illuminate the experience of labeled individuals and their families.
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