Friday, January 25, 2008

Eli Lilly settles 900 more claims over Zyprexa

http://www.indystar.com/apps/pbcs.dll/article?AID=2008801240416

Indianapolis Star

Eli Lilly settles 900 more claims over Zyprexa

January 24, 2008INDIANAPOLIS -- Eli Lilly and Co. has settled another 900 personal-injury claims against its antipsychotic drug Zyprexa, includingfive set to go to court next month, thus avoiding what would have beenthe first trial in the U.S. The Indianapolis drug maker confirmed thesettlement Wednesday but declined to reveal the amount. With the latestagreements, Lilly has settled more than 25,000 claims, leaving about1,100 unsettled. Many of the plaintiffs have claimed Lilly underplayedthe drug's side effects, including weight gain and elevated blood sugar.Lilly has set aside $1.2 billion to pay claims.

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