PENSACOLA, Fla. (WKRG) — The makers of the drug Xarelto, a blood thinner medication, will dish out more than 775 million dollars in a national settlement.
The law firm who helped with the settlement is Pensacola-based Levin Papantonio. Brian Barr, an attorney at the law firm was co-lead counsel on the national litigation case against Bayer and Johnson & Johnson over claims they failed to warn about the risks of taking the blood thinner medication.
The drug marketed as an alternative to warfarin can cause life-threatening complications. The lawsuits also allege that doctors and patients were not fully informed of the risks, which allegedly have resulted in life-threatening complications.
This settlement resolves more than 25 thousand cases nationwide.
Read the full statement from Levin Papantonio below:
“Brian Barr, an attorney at the law firm of Levin Papantonio Thomas Mitchell Rafferty Proctor, P.A. of Pensacola, Florida, was co-lead counsel on the national litigation case against Bayer and Johnson & Johnson over claims they failed to warn about the risks of taking the blood thinner medication, Xarelto. The $775 million dollar settlement reached with the drug companies resolves more than 25,000 cases from all over the country.
The lawsuits claim that the manufacturers downplayed Xarelto’s risks and aggressively marketed the drug as an alternative for warfarin in patients needing blood thinners to avoid dangerous clots. The lawsuits also allege that doctors and patients were not fully informed of the risks, which allegedly have resulted in life-threatening complications.
“We are very pleased with the results of this settlement on behalf of our clients who now have some justice,” said Brian Barr. “This case is about providing doctors the real risk information in the label so they can best advise their patients about taking it.”
The case was consolidated in New Orleans, Louisiana, before the Honorable Eldon E. Fallon, United States District Judge of the Eastern District of Louisiana. Mr. Barr was appointed co-lead by Judge Fallon over four years ago and he helped steer the litigation in the best direction for all clients involved. He and the legal team reviewed millions of documents, took more than 100 depositions, and tried six cases in New Orleans; Jackson, Mississippi; and Philadelphia, Pennsylvania.
“This settlement was a result of all that work and provides the best possible recovery for all the people in the litigation,” said Barr.”