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Home > News > Market Flash > Kobayashi Pharmaceutical Red Yeast Rice Health Product Incident Escalates: 5 Dead, 289 Injured, Thousands Affected, Compensation Process Officially Launched, Economic Losses May Be Astronomical!

Kobayashi Pharmaceutical Red Yeast Rice Health Product Incident Escalates: 5 Dead, 289 Injured, Thousands Affected, Compensation Process Officially Launched, Economic Losses May Be Astronomical!

ECHEMI 2024-08-19

Japanese company Kirin Pharmaceutical has officially launched a compensation process for individuals who may have suffered health damages due to consuming its red yeast rice health supplements, covering medical expenses and compensation for emotional distress. The company has explicitly stated that the scope of compensation is limited to "individuals who have developed kidney diseases or other symptoms after taking the supplement and whose causal relationship has been medically confirmed." The company will implement special measures for cases where individuals have passed away due to consuming the product.

 

The red yeast rice health supplement incident at Kirin Pharmaceutical has resulted in a series of serious consequences: as of June 26, five people have unfortunately passed away, 289 have received inpatient treatment (including those who have been discharged), and 1,656 have visited medical institutions for check-ups. Additionally, the company has received consultations from 170 deceased consumers' families, of whom 76 had taken Kirin's red yeast rice health supplement prior to their deaths, but the causal relationship between their deaths and the supplement is still under investigation. Three of the deceased have been confirmed not to have any relationship with taking red yeast rice health supplement, while the remaining 91 deceased did not take the product. Therefore, the confirmed number of direct deaths related to Kirin's red yeast rice health supplement is currently 5, while 76 deaths may be related to the product, with the specific circumstances still under further investigation. This incident has resulted in at least 5 deaths, hundreds of hospitalizations, and may involve more deaths, which has aroused great concern and worry among the Japanese government and public.

 

This compensation process was taken after a series of reports about red yeast rice health supplements and serious health problems, including deaths. Prior to this, Kobayashi Pharmaceutical Company had voluntarily recalled the product and faced strict scrutiny. It is currently impossible to estimate how many people will file claims and how much economic loss Kobayashi Pharmaceutical Company may ultimately bear. 

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.

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