Bayer Agrees To $57M Deal To End Yaz Blood Clot Suits

Law360, Philadelphia (August 4, 2015, 11:36 AM EDT) -- Bayer Corp. has agreed to pay nearly $57 million to end a series of lawsuits across multiple federal and state jurisdictions over allegations that use of its birth control pills Yaz, Yasmin and Ocella resulted in strokes and heart attacks.

The proposed settlement fund, announced late Monday, would put to rest claims pending as part of a multidistrict litigation program in Illinois federal court, as well as suits that have been filed in Pennsylvania, New Jersey and California state courts.

"In light of the significant costs and delay that would result in further protracted litigation, the settlement program will ensure that...

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