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Thursday, March 2, 17, 07:18:17, 4 Weeks Ago Via jacksonclark In Business

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Xarelto which belongs to the generic group of Rivaroxaban is a contemporary blood thinner that has been in the market since 2011.

Xarelto which belongs to the generic group of Rivaroxaban is a contemporary blood thinner that has been in the market since 2011. Manufactured by a renowned German pharmaceuticals company, Xarelto has already made an astonishing amount of $2 billion revenue from sales.

Despite its super hit status, Xarelto is frequently criticized for its lethal side effects which include unstoppable bleeding, intestinal bleeding, brain hemorrhaging and stroke. As there is no available antidote for it in the market, these side affects often lead a patient to death. As a result, a great number of cases have been filed against the manufacturers and distributors of Xarelto by the victims of its side effects. Though the manufacturers and distributors have not taken any initiative to settle the cases, it is quite inevitable for them to take a big blow in a legal battle against these plaintiffs.

  1. Steps before settling Xarelto cases

Until 2015, almost 2000 cases were filed against the manufacturer’s ofXarelto by the victims. Another source claimed that in a recent research they found the actual number of plaintiffs to be around 4500. This number is getting bigger day by day. It is quite fair to estimate that there will be another four or five thousand cases filed within a couple of year. So, a huge task of discovering the plaintiffs and setting up the motions for trials is left to be done. In order to ensure an integrated approach, all these cases filed by the plaintiffs were brought under the authority of U.S Judicial Panel on Multidistrict Litigation (JMPL) in December, 2014.U.S district judge Eldon Fallon was assigned to proceed with the trials and settle the cases. These trials are supposed to begin in late 2016.

  1. Factors to be considered in Xarelto settlement negotiations

In the Xarelto cases, the nature of the trial would vary on the basis of what the jury board has to offer. In order to proceed with an individual case, the jury will give emphasis on the severity of health issues caused by Xarelto. There are some important issues that should be brought before in order to have a fruitful negotiation. These include:

  • How severe was the injury?
  • How long did it take to overcome the injury?
  • How did the injury affect the physical and mental condition of the patient??
  • How will this injury influence the future of the patient?
  • What are the economic and financial difficulties that the patient endures due to the injury?
  1. The way to find out if anybody may qualify for a Xarelto offer

Law firmscome forward to help the victims of Xarelto injuries. They provide free service of consultation and evaluation to identify Xarelto victims. After making an appointment with these lawyers, they will review the facts and conditions of plaintiffs and provide valuable insight. Thus, they can decide whether to hire a lawyer or not.

The Xarelto cases are the evidences of corporate masochism and the disorder in our system. So, mischiefs like this should be handled strictly to set an example.

About the Author :

Are you injured by the side effects of vaginal mesh surgery? Drugsclaim our user how to get reimbursement against vaginal mesh lawsuit, bladder sling lawsuit & Transvaginal Mesh claim.


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