Bard Vaginal Mesh Settlement: $21 Million
Jazlowiecki & Jazlowiecki is currently handling lawsuits against Bard and Boston Scientific Corp for the serious injuries being caused by the vaginal mesh implants. If you have had problems with vaginal-mesh implants and have experienced effects such as organ damage or other complications, do not hesitate to contact the Law Firm of Jazlowiecki & Jazlowiecki to learn about the ongoing lawsuit. Our Office can be reached via Email or by phone at (860) 674-8000. For more information, please read the article below.
C.R. Bard Inc. agreed to pay more than $21 million to resolve over 500 lawsuits alleging its vaginal-mesh implants harmed women, in the first large-scale settlement of claims over the company’s devices, people familiar with the accords said. Bard shares rose more than 2 percent.
Bard agreed to pay an average of more than $43,000 per claim to settle several lawyers’ inventories of vaginal-mesh cases, said three people familiar with the settlements who didn’t want to be identified because they weren’t authorized to speak publicly about the accords.
Bard, which reported more than 12,400 suits over the inserts in a July regulatory filing, faces significant financial exposure over the vaginal-mesh claims, Tobias said. Endo International Plc, a Dublin, Ireland-based maker of vaginal-mesh devices, has agreed to pay more than $1.3 billion to resolve most of the more than 30,000 suits filed over its devices.
The U.S. Food and Drug Administration ordered Bard, Johnson & Johnson, Boston Scientific Corp and other vaginal-mesh makers to study rates of organ damage and complications linked to the devices after thousands of women sued over the implants. The agency also has said implants should be subject to stricter safety requirements.
Doctors inserted more than 70,000 mesh devices in the U.S. in 2010, threading them through incisions in the vagina to fortify pelvic muscles that failed to support internal organs or to treat incontinence, according to court filings. Women contend some of the devices erode after being implanted, which can cause organ damage, pain and make sexual intercourse painful. J&J, the world’s biggest maker of health-care products, has pulled four lines of vaginal implants off the global market in the wake of women’s suits.