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: Illinois Medical Malpractice BlogExamining the Cost of the DePuy Hip Recall
By Steven M. Levin and John J. Perconti
Last month Lawyers & Settlements took a look at the effect that the DePuy hip recall might have on the parent company responsible for defect in the product, Johnson & Johnson.
Blog readers are aware that nearly 100,000 of the implants were recalled by the company in August after evidence mounted quickly showing the extreme danger the product presented to patients. Many of the patients who have suffered complications from the product may have suffered irreparable harm to their bodies. Each time a joint is redone some bone is lost in the patient?s body.
As a result, a large number of DePuy recall lawsuits have been filed by victims seeking to recover for their losses. To help account for the expected payouts, the company has already set aside $922 million in its 4th quarter financial report from last year. Some experts expect the costs to rise much higher than that as literally thousands of victims continue to step forward after suffering the dangerous consequences of the problematic medical device.
Full post as published by Illinois Medical Malpractice Blog on March 03, 2011 (boomark / email).
More DePuy faulty hip lawsuits filed
Another DePuy hip lawsuit has been filed and more are likely to join it as DePuy patients experience failure of their faulty DePuy hip implant device. Most recently, the DePuy product liability lawsuit was filed on behalf of a man who received one of the DePuy Orthopaedics hip devices that was eventually subject to the product recall...
DePuy hip implant recall leads to millions set aside for potential settlements
When Johnson & Johnson recently announced its earnings for this quarter earlier this week, an important point highlighted was that it included a charge of $922 million to cover DePuy hip recall litigation costs and potential product liability lawsuit settlements...
DePuy hip replacement lawsuits coming
A voluntary product recall that was all over the news from DePuy Orthopedics, a subsidiary of Johnson & Johnson, involved two of its DePuy hip replacement implants. Its website states that data received by the company shows that more people than expected who received the ASR Hip System experienced pain or other problems...
Do you have a DePuy Hip Implant
After the DePuy hip implant news, people with the recalled hip product are concerned about what they should do now. Whenever any dangerous product is recalled, people are concerned about how the product recall affects them...
Hissey Kientz Add Depuy Recall Practice
Stem client Hissey Kientz, a national product liability firm based out of Austin, Texas have launched a new practice and product recall website.The new practice relating to cases surrounding the recent Depuy hip replacement recall; and DePuy Orthopaedics August, 2010 recall of its ASR hip parts...
Depuy Orthopaedics Hip Replacement Recall
DePuy Orthopaedics Inc., a division of Johnson and Johnson is voluntarily recalling its ASR hip replacement system after receiving reports that a higher-than-normal number of patients required surgeries to correct or remove defective implants...
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