Abilify Lawsuit Settlement Amounts |

The drugmaker Abilify has agreed to pay out $1.67 billion in lawsuits stemming from fraudulently marketing the antipsychotic drug, admitting its conduct led to “unlawful and unjustified financial harm” for patients and their families who relied on the drugs.

The “abilify settlement update 2021” is a news article about the lawsuit against Abilify. The article includes the final amount of settlements that were reached in the case.

Abilify Lawsuit Settlement Amounts |

(As of July 5, 2018)

Despite the fact that scientific research has connected Abilify to compulsive gambling since at least 2010, the drug’s prescription label did not list gambling as a potential adverse effect until recently. In May 2016, the FDA issued additional Abilify warnings for compulsive gambling, shopping, eating, and sex, citing hundreds of adverse event reports.

Meanwhile, Abilify patients who have lost money or their lives as a consequence of gambling, shopping, or sex addictions (or other compulsive behaviors) have sued Bristol-Myers Squibb.

These Abilify-related losses may be compensated via a lawsuit:

  • Losses from gambling, financial instability, and other economic losses
  • Injuries to the brain and mind are known as neuropsychiatric injuries.
  • Injury to the body (due to the injurious impact of Abilify on the brain)
  • Emotional anguish
  • The loss of a spouse’s consortium

There has been precedence for Abilify litigation. Several years ago, similar claims involving Mirapex were settled—some for an unknown sum, and at least one for more than $8 million.

Settlements with Abilify — undisclosed (April 2018)

Bristol-Myers Squibb and Otsuka Pharmaceuticals resolved three bellwether claims that were expected to go to trial the next month at the end of April 2018. Some legal experts speculated that the drugmakers would settle all outstanding Abilify litigation in the MDL as a result of this. A court ordered Bristol-Myers Squibb to reach a worldwide settlement by September 1, 2018, in order to do so.

In the United States, around 800 Abilify cases are currently ongoing.

$19.5 Million in Unlawful Marketing Settlement (Dec. 2016)

Bristol-Myers Squibb agreed to a $19.5 million settlement with the US Justice Department in December 2016 for illegally promoting Abilify and downplaying the drug’s many hazards.

While the payment does not constitute an admission of guilt, it may help to strengthen Abilify litigation throughout the nation.

 

$8.2 Million Mirapex Settlement (June 2008)

Mirapex is a prescription medicine used to treat Parkinson’s disease symptoms. Mirapex, like Abilify, is a dopamine agonist. Abilify and Mirapex both act on the same dopamine receptors in the brain, and they’ve both been related to pathological gambling and other compulsive behaviors.

Bristol-Myers Squibb also paid an unknown sum to resolve 250 more Mirapex cases.

Mirapex claims, like Abilify cases, allege that the drug’s maker was aware of the hazards of compulsive gambling (or should have been aware based on a slew of studies showing a relationship), but failed to adequately investigate or warn patients about them.

A federal jury awarded $8.2 million in compensatory and punitive damages to a man who claimed Mirapex led him to gamble excessively and lost $260,000 over a four-year period.

250 more Mirapex claims, merged as part of a multi-district action, settled for an unknown sum some months after this settlement was reached.

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The foregoing judgements and settlements may not guarantee the same outcomes for Abilify claimants, but their resemblance creates a persuasive precedent for both lawyers and plaintiffs.

If you or someone you know started gambling uncontrollably after taking Abilify, you may be entitled for legal action. During a free, no-obligation case assessment, contact us to learn more about your rights.

The “abilify lawsuit payout 2020” is the amount of money that Abilify will pay out to those who were harmed by its side effects. There are a total of $4 billion dollars that have been set aside for this settlement.

Frequently Asked Questions

What is the status of the Abilify lawsuit?

A: The lawsuit against Abilify was dismissed by the district court.

Can you still file Abilify lawsuit?

A: Yes, I am a class action lawsuit file. You can do so here if you are located in the United States.

How do I file an Abilify lawsuit?

A: If you are looking to file an Abilify lawsuit, there is no need for us to answer this question. You will be able to find the information that you seek on our website by typing in Abilify lawsuit into Google or your browsers search bar.

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