July 17, 2009 - Bayer Pharmaceuticals, maker of Yaz and Yasmin oral contraceptives is facing lawsuits regarding the safety of these drugs. The lawsuits allege that the FDA has received more adverse event reports for Yaz and Yasmin than other birth control pills.
Last year, Bayer Pharmaceuticals, the third largest pharmaceutical company in the world, agreed to run a $20million ad campaign correcting misstatements in a previous ad campaign, which downplayed risks and overstated benefits. Bayer agreed to run the ads following a warning letter from the FDA.
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