Psychiatic Malpractice: Glaxo Said To Have Paid $1 Billion To Settle Paxil Lawsuits
Bloomberg News is reporting that GlaxoSmithKline has paid almost $1 Billion to settle lawsuits over the antidepressant drug Paxil since 1993. Almost $400 million of those dollars have been used to settle lawsuits over claims that Paxil users were more likely to commit or attempt to commit suicide after taking the drug. Another $200 million was used to settle claims regarding Paxil related birth defects.
To date almost 450 Paxil related suicide lawsuits have been settled by the drug manufacturer. There are an additional 600 claims outstanding claiming that Paxil caused birth defects. In October, a Philadelphia jury found the drug maker responsible for birth defects in a 3 year old boy and ordered a $2.5 million dollar award to the boy and his family.
At Goldberg & Goldberg we routinely handle drug product liability cases and have the largest drug product liability verdict in Illinois history, and award of more then $127,000,000. Please feel free to contact us for a free consultation.