Oct 29, 2014

U.S. court slashes Takeda damages over Actos drug

A U.S. district court in Louisiana has substantially reduced the amount of punitive damages it ordered Takeda Pharmaceutical Co. to pay for concealing the cancer risks of its diabetes drug Actos, a company spokesman said. The court cut the penalty imposed on the major ...

U.S. jury orders Takeda to pay $6 billion over Actos diabetes drug

Apr 8, 2014

U.S. jury orders Takeda to pay $6 billion over Actos diabetes drug

A jury in Louisiana on Monday ordered Takeda Pharmaceutical Co. to pay $6 billion in punitive damages, acknowledging that Japan’s largest drugmaker concealed the risks of cancer associated with its diabetes drug Actos, according to Takeda and U.S. media reports. In the case, Terrence ...