With almost $2 billion already paid out in thousands of lawsuits and settlements in relation to the birth control pill Yaz, many consumers want to know exactly who manufactures Yaz. If you or someone you know has experienced serious complications after taking Yaz, click here to file a free case review and see if you are entitled to financial compensation.
What is Yaz?
Yaz is an oral contraceptive manufactured by pharmaceutical giant Bayer. The birth control pill was introduced to the market in 2006, when it was approved as an oral contraceptive and as a form of treatment for premenstrual dysphoric disorder (PMDD). The United States Food and Drug Administration (FDA) issued Bayer a warning in 2008 when it was discovered that Yaz was also being advertised as a treatment for premenstrual syndrome (PMS).
Who Manufactures Yaz?
Bayer HealthCare Pharmaceuticals, headquartered in Berlin, Germany, manufactures Yaz. Their pharmaceutical products include many over-the-counter staples like Afrin, Aleve, Aspirin, Alka-Seltzer, and Claritin, as well as prescription drugs Cipro, Levitra, Xarelto, and Yaz, among others.
Along with pharmaceuticals, Bayer also produces animal health, radiology, and crop protection products. Founded in 1861, Mr. Bayer began as a dye salesman until he and his friend, a dyer, discovered how to make fuchsine, a deep red dye that is used not only to color textiles, but to stain bacteria and even as a disinfectant. Now the company is worth more than $102 billion, according to Forbes.
In 2006, Bayer received FDA approval to release Yaz as an oral contraceptive and for the treatment of PMDD. Just two years later, problems would begin to arise as the FDA issued a warning to the pharmaceutical manufacturer informing them that their advertisements overstated the drug’s effectiveness and falsely claimed to treat PMS. Bayer was also required to use the FDA’s black box warning on all Yaz packaging to caution women about the increased risk of cardiovascular side effects caused by the oral contraceptive. From 2009 until 2016, Bayer has paid almost $2 billion in settlements and lawsuits in relation to Yaz, but that number could easily be on the rise.
In addition to Yaz lawsuits, Bayer HealthCare Pharmaceuticals have also seen significant lawsuits regarding Xarelto, a blood-thinning drug meant to help prevent blood clots and pulmonary embolism.
Take Legal Action
Anyone who was prescribed Yaz and suffered serious complications may be entitled to financial compensation. If you or someone you know has suffered from the drug’s adverse side effects, file a free case review. An experienced product liability attorney will review the details of your case and help you determine your best course of legal action.