Posts Tagged 'settlement'

Merck to Settle NuvaRing Intrauterine Contraceptive Device Lawsuits

On Friday, February 7, 2014, Merck & Co announced that it is willing to pay $100 million to settle all NuvaRing intrauterine contraceptive device lawsuits.

The NuvaRing contraceptive is a flexible ring that releases the hormones estrogen and progestin in order to prevent pregnancy. NuvaRing has been associated with an increased risk of forming blood clots, which can in turn cause heart attacks, strokes, even death. An FDA report released in 2011 announced that NuvaRing posed a higher risk for blood ...

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$2.5 billion J&J hip settlement announced

Johnson & Johnson recently announced a $2.47 billion hip settlement through its DePuy subsidiary.

DePuy’s Articular Surface Replacement (ASR) hip implant was recalled in 2010. Now, an estimated 8,000 lawsuits are being filed over the device. The $2.47 billion settlement announced by J&J is likely to settle a large portion–though not all–of the pending cases.

The problematic all-metal hip implants promised more durability over the previous metal and plastic hip joints. Over the past ten years, they became popular among orthopedic surgeons. Now, patients are ...

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J&J to Pay Over $2.2 Billion in False Marketing Settlement

johnson and johnson marketed drugs for off-label use and false marketing claimsJohnson & Johnson (J&J) and its subsidiaries have agreed to pay over $2.2 billion in criminal and civil fines arising out of false marketing claims.  The company allegedly promoted off-label uses for various drugs, and provided kickbacks to doctors and pharmacists for prescribing those drugs. The drugs at issue in this suit include Risperdal, Invega (forms of antipsychotic medications), and Natrecor (heart failure ...

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Bard Settles Vaginal Mesh Case Before Trial

Bloomberg.com is reporting that C.R. Bard Inc. has agreed to settle a claim involving one of the company’s vaginal mesh implants. The case involving a New Jersey woman’s claim that Bard’s Avaulta Plus insert caused her internal problems including urinary problems was scheduled to begin on September 23, 2013 in the Superior Court of New Jersey in Atlantic City.

Last month, a federal jury in Charleston, WV awarded a woman $2 million dollars for injuries that were found to ...

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Yaz/Beyaz Settlements: $220,000 average could cost Bayer

Bayer could end up paying billions of dollars settling lawsuits alleging that the German corporation’s Yasmin line of birth control pills caused blood clots.

In a settlement involving 500 lawsuits, news reports are claiming that the company is paying at least $110 million – amounting to about $220,000 a case.

In light of the fact that about 11,000 more lawsuits have been filed over injuries allegedly caused by the pills, the total ...

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