Lilly settles 900 more Zyprexa suits

June 12, 2007
Eli Lilly and Co. has settled another 900 liability lawsuits over its top-selling drug, Zyprexa, the Associated Press reports. Lilly did not disclose the amount it paid to settle those suits, saying it was not material to the company.

Indianapolis-based Lilly has battled a flood of lawsuits claiming Zyprexa causes weight gain, diabetes or high blood sugar and that Lilly has failed to warn about those risks.

In the last two years, Lilly has settled 28,500 Zyprexa cases. In two previous rounds of settlements, Lilly agreed to pay out $1.2 billion. The company still faces Zyprexa liability lawsuits from about 750 patients.

In 2006, Zyprexa totaled $4.4 billion in worldwide sales.

Source: XMLFULL/XMLFull2444.xml

Recent Articles by J.K. Wall

Comments powered by Disqus