Boehringer Ingelheim Settles US Pradaxa Litigation For $650 Million

Boehringer Ingelheim stated nowadays that it will spend $ 650 million in a “comprehensive settlement” of lawsuits over Pradaxa (dabigatran), the company’s novel anticoagulant. The organization mentioned that it expects the settlement will resolve about four,000 recent situations against the company in the US.

Because its approval, Pradaxa has been bedeviled by reports of extreme bleeding complications. Even though there have been many investigations, like lengthy investigations by the FDA, no definitive conclusion has been reached, even though the FDA just lately stated that it continues to believe that dabigatran has “a favorable advantage to threat profile.” The situation is challenging to resolve since some bleeding problems are inevitable with any anticoagulant, including warfarin, which for many years was the only available oral anticoagulant. Following the approval of Pradaxa by the FDA in 2010, two other anticoagulants have been authorized, Johnson &amp Johnson’s Xarelto (rivaroxaban) and Pfizer and BristolMyers Squibb’s Eliquis (apixaban). Even though these medication can also trigger bleeding problems, they have not so far engendered the identical degree of criticism and concern.

In its statement the organization denied wrongdoing and mentioned that it had settled the lawsuit to avoid lengthy litigation:

“We proceed to stand resolutely behind Pradaxa® and believed from the outset that the plaintiffs’ claims lacked any merit. Notwithstanding our sturdy belief that we would prevail in these lawsuits, this settlement allows our company to keep away from the distraction and uncertainty of protracted litigation more than many years and many years,” mentioned Andreas Neumann, Head of the Legal Department and Basic Counsel, Boehringer Ingelheim globally.. “The US litigation program is described by some as a company the place lawyers run promoting campaigns to locate consumers. Moreover we have to take into account that juries composed of lay individuals have to make a decision about very hard scientific matters. All this does not let reliable predictions for the outcome of a enormous amount of individual trials and that is why we came to the difficult decision to settle.”

Boehringer Ingelheim Settles US Pradaxa Litigation For $650 Million