Takeda found not liable in latest diabetes drug lawsuit

|About: Takeda Pharmaceutical Co., ... (TKPHF)|By:, SA News Editor

Takeda Pharmaceuticals (TKPHF, TKPYY) yesterday was found not liable for the bladder cancer of two women who used its Actos diabetes medication, as a Nevada jury agreed with the company that the drug did not cause the women’s disease.

A jury last month ordered Takeda and partner Eli Lilly (LLY) to pay more than $9B in damages to a plaintiff - Takeda is appealing the verdict - but the company has won the other five cases that have gone to trial over Actos' alleged link to bladder cancer.

Takeda still faces claims by more than 7,000 plaintiffs.