Category: Xarelto / Rivaroxaban
April 16, 2019
Xarelto compensation settlements
Big news! Xarelto compensation settlements are taking place, with almost £600m in damages set to be paid out by Bayer AG and Johnson & Johnson.
The settlements are for around 25,000 lawsuits in the U.S., where Bayer and J&J have reportedly agreed to settle the litigation for $775m. The Group Action Lawyers continue to fight for justice for UK victims who are suffering side-effects of taking the drug, that’s also known as Rivaroxaban. You can read more about the UK action here.
While the companies maintain that the claims are without merit, and the settlement is made without an admission of liability, this is a huge result. The two companies are set to be sharing the burden of the cost as they jointly-developed the drug.