Wright Medical Technology Agrees To $240M Hip Implant Deal

Law360, New York (November 2, 2016, 7:39 PM EDT) -- Wright Medical Technology on Tuesday agreed to a $240 million settlement to end about 1,300 claims in consolidated litigation in Georgia federal court and California state court over its metal-on-metal hip implants, putting an end to the majority of the suits over the implants.

Under the terms of the deal, 1,292 patients who had to go through revision surgery within eight years of their original Conserve, Lineage or Dynasty hip implant are eligible for the settlement. Those implanted with the Conserve Cup —  the device with the most frequent failures — can receive $170,000, while those who had the metal-liner Dynasty...

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