J&J Adds Up To $350M To $2.5B Hip Implant Settlement
Law360, San Diego (February 23, 2015, 8:13 PM EST) -- A Johnson & Johnson unit agreed Friday to pay up to $350 million more to expand its $2.5 billion settlement of thousands of patients’ lawsuits claiming the company’s faulty metal-on-metal hip implants needed to be replaced.
The original deal, reached in November 2013, set aside up to $250,000 for the 8,000 patients who had their ASR XL hip implants replaced before Sept. 1, 2013. The settlements will now be available for an estimated 1,400 patients who had surgery before Feb. 1 of this year, according to court documents.
Johnson & Johnson’s DePuy Orthopaedics Inc. subsidiary faced some 10,000 federal and state...
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