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Bloomberg "J&J to Pay As Much As $420 Million More in ASR Hip Accord"

From an article in Bloomberg, Johnson & Johnson agreed to pay as much as $420 million more to resolve lawsuits over recalled hip implants that were excluded in 2013 from a $2.5 billion settlement of claims that the devices were defective and caused metal poisoning in patients.

J&J’s DePuy unit agreed to push back the deadline for recipients of the company’s ASR implants to file settlement claims to Jan. 31 of this year, according to a filing Friday in federal court in Toledo, Ohio. That will allow as many as 1,400 patients who’ve had ASR hips removed since 2013 to seek compensation under the original 2013 accord.

Read more here.

Last modified: Thu, 05 Mar 2015 13:50:55 GMT