Takeda Destroyed Evidence In $9B Cancer Suit, Judge Says
Law360, New York (June 20, 2014, 8:13 PM EDT) -- A Louisiana federal judge said Friday that Takeda Pharmaceuticals Co. Ltd. intentionally destroyed evidence that would have helped the plaintiffs in a $9 billion bellwether lawsuit over claims the company hid the cancer risks of diabetes drug Actos to keep sales high.
The ruling from U.S. District Judge Rebecca Doherty follows plaintiffs Terrence and Susan Allen’s April victory in the first federal jury decision in multidistrict litigation against Asia’s largest drug company and its American partner, Eli Lilly & Co. The jury hit Takeda with $6 billion in punitive damages and Eli Lilly with $3 billion. The companies, which jointly marketed...
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