Xarelto Uncontrollable Bleeding Lawsuits
Xarelto (rivaroxaban) is a blood-thinning medication manufactured by Bayer Pharmaceuticals and is marketed in the United States by a subsidiary of Johnson & Johnson called Janssen Pharmaceuticals. Xarelto is perhaps the most popular blood-thinner on the market today, as it reportedly generated $2 billion in revenue for Bayer and J&J in the year 2015.
In the first quarter of 2016 alone, Xarelto generated an additional $567 million in revenue, so it’s safe to say that this is a drug that could potentially affect tens of millions of American consumers. Safety advocates and consumers across the nation are accusing the companies of prioritizing sky-high profits above patients’ safety. Historically, people who take blood-thinning medications have been forced to undergo routine testing and make occasional lifestyle adjustments in order to benefit from taking the medication. Xarelto was developed as a “convenient” alternative to these drugs, and the manufacturers positioned it as a “one-size-fits-all” version that would be safe for all.
Xarelto Side Effects & Injuries
The most serious side effect attributed to Xarelto is uncontrollable bleeding. Xarelto is designed to thin the blood and help prevent clots, but in some cases the blood becomes so thin that it is unable to clot and a patient may suffer an extreme amount of blood loss. Perhaps the biggest red flag associated with Xarelto is that there is no antidote to stop the uncontrollable bleeding, which can quickly turn fatal. Other blood thinners, like Warfarin, have previously been developed with an antidote in case of emergency.
For reference, Boehringer Ingelheim Pharmaceuticals, the company which manufactured and marketed another blood thinning medication called Pradaxa, paid out $650 million in settlements in 2016 after it was determined that thousands of patients were injured and hundreds more died from uncontrollable bleeding after taking the drug. Pradaxa and Xarelto are similar drugs designed to treat the same conditions, and coincidentally have been found to result in the same types of side effects.
Who Can File Xarelto Injury Lawsuits?
Since Xarelto hit the market in 2011, millions of patients have received prescriptions for the drug. In recent years, millions of these patients have come forward with some varying degree of side effects after taking the drugs. Theoretically, anyone who has suffered from serious side effects after taking the blood-thinning medication Xarelto may have an opportunity to file a claim for compensation with the manufacturers.
If you or a loved one has suffered uncontrollable bleeding after taking Xarelto, it may be in your best interests to consult with an experienced law firm. Our attorneys do not charge any up-front fees and all attorney fees are deducted from your settlement on a contingency fee basis. There is no obligation in contacting us and we will review your case absolutely free of charge. Use the contact form on this page to submit your case for a complimentary review by our legal team.