Januvia Lawsuit Funding Helps Plaintiffs During Lengthy Litigation
Litigation for cases alleging injury from Byetta or Januvia can take a very long time, especially for people who are suffering with medical bills and expenses related to being forcibly retired due to sudden injury or disease. The situation can be complicated when there are hundreds or thousands of similar cases appearing in courts across America. For this reason, Januvia lawsuit funding may help plaintiffs bridge the gap until their cases resolve in court.
Snapshot of Januvia/Byetta litigation
The U.S. Judicial Panel on Multidistrict Litigation will hear oral arguments on July 25 to decide whether more than 50 Januvia lawsuits filed in district courts should be centralized before one judge who will coordinate pre-trial hearings. The motion to consolidate lawsuits into MDL began back in April, as cases continued to pour in across the country.
Many of the lawsuits arose after a February 25, 2013 study published in the Journal of the American Medical Association revealed that patients taking Byetta or Januvia were twice as likely to end up in the hospital with potentially fatal pancreatitis. Furthermore, a study published in the March issue of Diabetes, the journal of the American Diabetes Association, showed that diabetics had a 40 percent increase in cell changes that could lead to pancreatic cancer among those taking incretin mimetics like Januvia or Byetta.
While Merck’s Januvia is an oral pill and Bristol-Myers Squibb’s Byetta is an injectable medication, they both work by increasing the amounts of GLP-1 hormone, which triggers the pancreas to produce insulin. However, trouble arises when the digestive enzymes are activated before leaving the pancreas, causing the pancreas to digest some of the organ tissue. This causes inflammation, pain, fever and nausea.
Pros & cons of MDL
Multidistrict litigation allow plaintiffs to pool resources and coordinate efforts for the discovery process, allowing for much more efficient pretrial proceedings. Defendants find it’s usually easier to defend themselves in one court, rather than multiple courts all across the country. However, the high publicity surrounding MDLs usually means that many more plaintiffs will be filing suit.
For plaintiffs, the main downside to any type of litigation – MDLs included – is the length of time it takes to reach a decision. Judge John Heyburn, Chair of the MDL Panel, recently explained the whole litigation process. First, the Panel will hear oral arguments on the fourth Thursday of January, March, May, July, September or November.
Next, the Panel will take two weeks to come to a written opinion. So, from the filing of the MDL motion to the decision of the MDL Panel, it’s about 10 to 17 weeks. After that decision, the transferee court has to collect and docket the records of the transferred cases and set a status conference, which could be as far out as 29 weeks from the time of filing. While MDL is meant to streamline the litigation process, cases can still take a long time – even many years, in some cases, to reach a resolution.
Benefits of Januvia lawsuit funding
Law Street Capital offers pre settlement loans for Januvia lawsuits and pre settlement loans for Byetta lawsuits that can get plaintiffs through the tough times while waiting for a settlement offer or jury award. Here are a few of the many benefits of a loan from LawStreet Capital:
- Quick online application & 24-hour approval process
- No employment verification or credit checks
- No monthly fees
- Funds available overnight
- Lowest loan rates industry-wide
- Only repay the loan IF YOU WIN!
Byetta and Januvia lawsuit funding puts you in the driver’s seat. If you are being offered a low settlement, you can have the freedom to refuse it and pursue the maximum damages in your pending lawsuit. In the meantime, you’ll be able to pay your bills and stay afloat, even if you can’t work. Call toll-free at 1-800-345-8500 to see if you qualify today.