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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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Celia Brown is a psychiatric survivor and leader in the movement for human rights in mental health. Celia has served on the MFI board for several years, including as MFI president. Celia leads MFI's United Nations team, and International committee. Celia is shown here speaking at an MFI protest directly in front of the American Psychiatric Association Annual Meeting. (Photo by Tom Olin)
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