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M. Brandon Smith
M. Brandon Smith
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Baycol Class Action Settlement Approved

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A state judge in Philadelphia approved a class action settlement against Bayer, the German manufacture of Baycol, that would re-pay unions, employers and various health plans for money spent on the withdrawn drug Baycol. The national class action suit could result in a settlement that exceeds $10 million according to lawyers handling the suit.

Accodring to ABCNEWS.com:

Stewart Cohen, a lawyer for the plaintiff’s group, said he believed it was the first class action approved on behalf of third party payers in a case of a withdrawn drug.

For Information on the Baycol Settlement click here…