Bayer Nears Suit Settlements - The Atlanta Journal and Constitution - September 18, 2002

Bayer Nears Suit Settlements
The Atlanta Journal and Constitution
September 18, 2002

Chicago --- Bayer AG is close to settling more than 100 lawsuits by former Baycol users who contend the withdrawn cholesterol medicine caused muscle deterioration and led to some deaths, plaintiffs' lawyers say. Germany's biggest drug maker has resolved 10 Baycol lawsuits, and 94 more settlements may be announced this week, Chicago plaintiffs' attorney Kenneth Moll said. Bayer agreed to pay at least $200,000 in each case settled. The settlements are the first in more than 2,000 lawsuits alleging the company hid the risks of using Baycol.