Bayer Pharmaceuticals Corporation and the Baycol Recall

Bayer Pharmaceuticals Corporation

In 1863, eighteen years after opening his first company with Johann Friedrich Weskott, Friedrich Bayer established Bayer Pharmaceuticals and began a legacy of pioneering drug developments. Bayer Corporation, the manufacturer of Baycol, is one of the world's leading chemical companies.

The Baycol Recall

Bayer's pharmaceutical history is impressive, but in recent years the company has fallen behind. Several very promising drugs that Bayer had scheduled to release into the market have been postponed or cancelled. The Baycol recall has been especially disappointing to Bayer's investors because of the potential revenue that has been lost. Bayer Corporation expected sales of Baycol to reach $800 million a year. As a result Bayer was forced to lower its estimated revenue by over $570 million.

Baycol Lawsuits and Recall Lawyers

Baycol recall lawyers began filing lawsuits on behalf of victims suffering from Baycol side effects almost immediately after the withdrawal of the drug from the market. The lawyers claim that Bayer knew Baycol caused severe rhabdomyolysis and acted negligently in delaying the Baycol recall. For more information about Baycol lawsuits, contact our recall lawyers today.

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