AstraZeneca has paid settlements totalling $198m to claimants who suffered ill effects after taking anti-psychotic drug Seroquel.
The London-based drug manufacturer had faced thousands of product liability lawsuits over claims that AstraZeneca’s drug caused diabetes and other injuries without adequate warnings of the risks.
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The agreements settled in principle with attorneys represent almost 17,500 liability claims.
As of 29 June, a further 2,900 cases had been dismissed by agreement, and 1,825 of those cases had been dismissed with prejudice.
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