J&J settles more defective hip device lawsuits

Image
AFP New York
Last Updated : Feb 24 2015 | 1:05 AM IST
Johnson & Johnson has reached an agreement to settle some 1,400 claims over defective hip replacement devices, a spokeswoman for the health care giant said today.
The agreement extends the benefits of a 2013 settlement with plaintiffs involving about 8,000 cases over ASR Hip System devices that cost the company USD 2.5 billion.
The new settlement agreement extends benefits to patients who replaced their hips from August 2013 through January 2015, said Mindy Tinsley, a spokeswoman for DePuy Synthes, the J&J unit that made the devices that it pulled from the market in 2010.
"By effectively extending the benefits of the previously announced US Settlement Program to an additional group of ASR patients, we are again providing fair compensation to US ASR patients without the delay and uncertainty of protracted litigation," Tinsley said.
The latest settlement is expected to amount to USD 420 million.
DePuy announced a recall of the all-metal prosthetic in August 2010 following complaints the devices were causing pain and injury. The implants were found to emit metallic debris that can be harmful to patients.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 24 2015 | 1:05 AM IST

Next Story