$340 Million Settlement Proposed in EpiPen Lawsuits

4 months ago 30
PR Distribution
By Robert Preidt
HealthDay Reporter

FRIDAY, July 16, 2021 (HealthDay News) -- Pfizer Inc. has agreed to wage $345 cardinal successful a projected colony to resoluteness lawsuits implicit steep EpiPen terms increases.

EpiPens are auto-injectable devices that present the cause epinephrine for exigency attraction of a life-threatening allergic reaction called anaphylaxis.

In 2016, a fig of class-action lawsuits were filed against Pfizer and its subsidiaries Meridian Medical Technologies Inc. and King Pharmaceuticals, alleging they engaged successful anticompetitive behaviour related to EpiPen, the Associated Press reported.

Another institution that is simply a suspect successful the litigation is Mylan, which owns the EpiPen brand, adjacent though the devices are made by Pfizer.

Mylan acquired the close to marketplace and administer the devices successful 2007, erstwhile an EpiPen bundle outgo astir $100. Now, it costs much than $650 without pharmacy coupons oregon shaper discounts, the AP reported.

Court documents filed Thursday successful national tribunal successful Kansas City, Kansas, amusement that Pfizer and its 2 subsidiaries asked the tribunal to springiness preliminary support to the settlement, according to Kansas City's NPR presumption KCUR-FM.

Three weeks ago, astir of the claims against Mylan were dismissed, but the justice allowed antitrust claims against the institution to proceed to trial, scheduled to commencement connected Sept. 7, the AP reported.

Rex Sharp, a lawyer for the plaintiffs, said his clients were pleased that Pfizer had agreed to the settlement, noting it would inactive request the court's approval, the AP reported

In an email to KCUR-FM, a Pfizer spokesperson denied immoderate wrongdoing by the institution and said the colony was sought to debar "the distraction of continued litigation and absorption connected breakthroughs that alteration patients' lives."

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The National Institute of Allergy and Infectious Diseases has much connected food allergies.

SOURCE: Associated Press

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