Granuflo and Naturalyte Settlement Funding & Cash Advances

DIALYSIS LAWSUIT FUNDING

Legal-Bay LLC, The Lawsuit Settlement Funding Company, is an industry leader in providing lawsuit pre-settlement and settlement funding to those who have been severely injured by the use of GranuFlo and NaturaLyte dialysis products. Legal-Bay is providing large lawsuit cash advances for victims who have suffered serious cardiovascular injuries.

FDA RECALL OF GRANUFLO AND NATURALYTE PRODUCTS

In March of 2012, The U.S. Food and Drug Administration issued a Class I recall of GranuFlo and NaturaLyte products.

A Class I Recall is the most serious type of recall. In fact, It indicates that “there is a reasonable probability that the use of or exposure to a violating product will cause serious adverse health consequences or death.”

Due to the recall, Fresenius Medical Care changed the labels on its GranuFlo and NaturaLyte products. However, the recall has not removed the dangerous products from the market and many risk factors still exist.

Serious side effects include the following:

  • Heart attack
  • Cardiopulmonary arrest
  • Stroke
  • Cardiovascular death

GRANUFLO AND NATURALYTE LAWSUITS

GranuFlo and NaturaLyte are chemicals used in dialysis machines to clean the blood of a patient with kidney malfunctions. Generally, the products are designed to prevent dangerous acid buildup in the kidneys. However, recent lawsuits claim that these ingredients may also increase the patient’s risk of cardiac events.

According to Drug Watch, over 1,800 cases against Fresenius Medical Care Inc. have been consolidated into multidistrict litigation (MDL) under U.S. District Judge Douglas P. Woodlock in the District of Massachusetts (In re: Fresenius GranuFlo/NaturaLyte Dialysate Litigation, MDL No. 2428).

FRESENIUS MEDICAL CARE REACHES $250MM GRANUFLO SETTLEMENT

In February of 2016, Fresenius Medical Care reached a $250 million agreement in principle to settle claims against them over their dialysis drugs, GranuFlo and NaturaLyte. According to sources, the settlement amount will be $250 million providing that 97% of the plaintiffs agree to the terms of the deal by July of 2016, and the funding will be provided in August of 2016.

According to the Fresenius site, they’ve stated that “Insurers will fund the settlement amount with $220 million,” and therefore, “the company expects a pre-tax charge of $60 million from the settlement and other costs to finalize this matter.”

GRANUFLO FINANCIAL AND LAWSUIT HELP FROM LEGAL-BAY

If you have hired a GranuFlo lawyer but your case is moving slowly, you may qualify for a settlement loan. If this sounds like you, then contact Legal-Bay by filling out the application on the upper left hand side of this page. Alternatively, call our toll-free hotline at: 866.792.0234. Legal-Bay is accepting applications of up to $50K in funding on GranuFlo lawsuits.

So far, Legal experts anticipate that patients who have contracted bladder cancer could expect case settlement values exceeding $250K.

Legal-Bay can also assist you with obtaining a free legal consultation. If you are unsure whether or not you or a family member may have a potential lawsuit claim over the GranuFlo or NaturaLyte products, then a legal expert is your solution. Feel free to contact Legal-Bay right now by filling out our pre-application on the left hand side of this page or by calling our toll-free hotline at: 866.792.0234.

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