Quantcast
 
New book by Larry Connors Click here Improve your trading - See how


 

Newark woman sues maker of Yaz birth control

Fri. October 23, 2009; Posted: 10:11 AM
Stocks RSS
Oct 23, 2009 (The Argus - McClatchy-Tribune Information Services via COMTEX) -- BAYRY | Quote | Chart | News | PowerRating -- A 39-year-old Newark woman has filed a lawsuit this week against Bayer Corp., blaming its popular birth control product Yaz for causing her stroke and other related health issues.

Susan Galinis, the mother of 3-year-old twin girls, took the prescription-only product for four weeks in the summer of 2008, and wound up suffering a stroke that caused her to be hospitalized for six months, said her attorney, Michael Danko.

The lawsuit was filed Monday in U.S. District Court in San Francisco.

Galinis had been taking the pills to help reduce premenstrual pains -- which was one of the advertised uses, Danko said.

While hospitalized, Galinis had part of her skull temporarily removed because of excessive swelling in her brain. That portion of skull later was replaced, he said.

As a result of the stroke and related illness, Danko said, Galinis also suffered a diminished IQ -- Danko said his client is now borderline mentally handicapped -- and has experienced a change in her mood and speech.

"Her kids feel as though they have lost their mother," he said.

Galinis' suit attributed her health problems to Yaz.

The No. 1 selling birth control in the world, Yaz has been at the center of much criticism in recent years.

Galinis and more than 100 others have filed suit against the product's maker, claiming the drug presents additional health risks not associated with other birth-control pills, the suit said.

The

Food and Drug Administration has admonished the makers of Yaz three times in recent years regarding the company's advertising campaign, the suit said.

In a letter issued to Bayer in October 2008, the FDA stated:

"The TV ads are misleading because they broaden the drug's indication, overstate the efficacy of Yaz, and minimize serious risks associated with the use of the drug."

The company has agreed to spend at least $20 million in recent years for corrective television advertisements to make women better aware of the products' side effects, according to published reports.

The ultimate goal of Galinis' lawsuits and others like it is to get the product off the market, the attorney said.

The San Mateo-based attorney said he also has filed a lawsuit on behalf of a Tracy woman who suffered health issues after taking the product.

In the days after the lawsuit was filed, Bayer released the following prepared statement:

"Bayer has received lawsuits relating to its drospirenone-containing oral contraceptives. The company is in the process of gathering information on these cases, but the complaints we have reviewed so far pertain to side effects that are warned about in our approved product labeling. Bayer will defend itself vigorously against these lawsuits.

"We will not comment on ongoing litigation or individual lawsuits."

Reach Ben Aguirre Jr. at 510-353-7011. Follow him on Twitter at www.twitter.com/benaguirrejr.

To see more of The Argus or to subscribe to the newspaper, go to
http://www.insidebayarea.com/argus/. Copyright (c) 2009, The Argus, Fremont,
Calif. Distributed by McClatchy-Tribune Information Services. For reprints,
email tmsreprints@permissionsgroup.com, call 800-374-7985 or 847-635-6550, send
a fax to 847-635-6968, or write to The Permissions Group Inc., 1247 Milwaukee
Ave., Suite 303, Glenview, IL 60025, USA.
For full details for BAYRY click here.

    


More News:   Market Updates | Stock Alerts | All Trading News | Stock Index

Email
Print
Archives
Feedback
Email Article Link
Close X
Recipients email address
Your name
Your email
Add a note (optional)




Stocks RSS





Related News [BAYRY]
  UPCOMING EVENTS
Learn new strategies, how to trade in this market, and the stocks you should be focusing on each day. Join us for our free 20 minute tele-seminars during the week.
* Attendance is strictly limited and are filled on a first-come, first-served basis.
PREMIER SPONSORED LINKS
TRADE CENTER
 
The TradingMarkets Directory
RELATED SITES
Nothing but forex
Please call 1-213-955-5858 ext. 1

About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback

Disclaimer:

The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.

It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.

HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.

The Connors Group, Inc.
10 Exchange Place, Suite 1800
Jersey City, NJ 07302

© Copyright 2009 The Connors Group, Inc.


All analyst commentary provided on TradingMarkets.com is provided for educational purposes only. The analysts and employees or affiliates of TradingMarkets.com may hold positions in the stocks or industries discussed here. This information is NOT a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on TradingMarkets.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.

© 2009 The Connors Group, Inc.