Patients suffering from side effects related to the antipsychotic Zyprexa may be entitled to reimbursement. Contact our law firm today.
Zyprex maker Eli Lilly and Company announced on June 9 that it has entered into an agreement in principle with plaintiffs’ attorneys to settle a majority of the Zyprexa claims filed against the company. Zyprexa is an atypical antipsychotic prescription drug used to help manage symptoms of schizophrenia, the manic phase of manic-depression and other psychotic disorders. Although this new class of drugs was initially celebrated because it differed from first-generation antipsychotics by blocking certain neurochemical reactions within the brain, effectively alleviating the drug’s side effects, Zyprexa was ultimately found to alter the metabolism of some patients and reduce the body’s sensitivity to insulin in others, leading to serious and sometimes fatal blood-sugar conditions.
According to the settlement agreement, Lilly will establish a fund not to exceed $690 million for plaintiffs who agree to settle their claims involving side effects associated with Zyprexa. The settlement fund will be overseen and distributed by claims administrators appointed by the plaintiffs’ steering committee. At this time, the exact number of claimants covered by this settlement is unknown, but is estimated to be 8,000, accounting for approximately 75 percent of claims identified to Lilly.
If you have experienced any dangerous and potentially deadly side effects associated with the medication Zyprexa, including diabetes-related conditions, you should contact Oklahoma Legal Center as soon as possible to make sure that your voice is heard. Our experienced lawyers can help make sure that you collect the monetary damages necessary for emotional and financial recovery. Don’t wait any longer – your health and your peace of mind are too important to risk. Contact us today for a free case review.