Japan: Mitsubishi Tanabe settles hepatitis C claims
Date: 29 Sep 2008
Mitsubishi Tanabe has settled a six-year-old suit by people who developed hepatitis C after having received tainted blood products from one of the company's predecessors.
The company admitted its responsibility for the hepatitis C outbreak and apologised, promising to work to prevent any future incidents, and to work on the development of a new hepatitis C drug. Hepatitis C can develop into cirrhosis of the liver and liver cancer.
Nippon Pharmaceutical is now the only firm remaining from three targeted by the lawsuits, which has seen around 1,400 people seek redress.
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In a recent article, the BBC's economics editor Robert Peston highlighted the fact that in 2012 the chances are that the economy - punch drunk as it is from the various flavours of debt crisis it has been pummelled with over the course of the year - will be hit by the collapse of a major bank and / or government.
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