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(USGovernment-News.Com, November 22, 2013 ) Charleston, WV - Johnson & Johnson has agreed to settle thousands of hip implant lawsuits for approximately $2.5 billion. The company has also agreed to pay for medical costs related to hip replacement procedures which could raise the deal’s cost to $3 billion.
The proposed settlement must receive the support of 94 percent of eligible claimants to go forward, although some patients may decide to seek more through individual lawsuits. Under the agreement Johnson & Johnson would be compensating approximately 8,000 patients who were forced to have the all-metal artificial hip removed and replaced.
The Articular Surface Replacement, or A.S.R, is considered one of the most flawed medical implants sold in recent decades with about 40 percent of patients dealing with the failure of the product within five years. The A.S.R was implanted in about 93,000 patients, one-third of whom were in the United States.
The exact amount of the settlement is not known and could vary based on the number of plaintiffs who qualify for it. $2 billion would cover basic awards will an additional $4.75 million covering additional compensation to patients who sustained more significant injuries related to the device or its removal.
If you or a loved one has had hip replacement surgery and suffered in any way, The Bell Law Firm is currently offering free consultations to those affected by this faulty medical device. For more information on Johnson & Johnson’s hip replacement recall, visit www.belllaw.com.
About The Bell Law Firm
With the legal and technical resources necessary to litigate the most complex personal injury cases, The Bell Law Firm is proud to represent injury and accident victims from their office in Charleston, West Virginia. Having recovered millions of dollars for personal injury victims, the experienced attorneys at The Bell Law Firm work closely with their clients to successfully deliver justice on their behalf. For more information or for a free, no-obligation case review, visit belllaw.com or call 1-866-912-3007.
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