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.

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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.

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