Teva Loses $144M Damages Claim to Baxter, Must Compensate Infected Patient $500M

Teva Pharmaceutical Industries has lost a suit to Baxter International worth $144 million, a case that came after a Las Vegas court last year instructed the two drug companies to pay $500 million in compensation to a patient infected with hepatitis C, according to a Globes report.

Teva will be forced to pay the Nevada patient the full $500 million in damages because the company was deemed responsible for the hepatitis C outbreak from tainted Propofol vials.

An arbitration panel in Delaware ruled that Teva was bound by an agreement with Baxter to cover the liability after the company sold its rights to use Propofol until 2009, according to the report. Teva is currently facing almost 300 lawsuits from patients infected with hepatitis C in Nevada alone.

Related Articles on Anesthesia:
Couple Testifies Against Teva and Baxter in Second Trial Over Hep C Outbreak
Play About Discovery of Anesthesia Premieres in Houston
Kaweah Delta Health Care District President Explains Rationale Behind Anesthesia Provider Switch

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Webinars

Featured Whitepapers

Featured Podcast