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Coloplast tumbles on missed Q2 expectations

May 6, 2015 by MassDevice

Coloplast shares tumble nearly 4% after the Danish medical device company misses expectations with its fiscal 2nd-quarter profits.

Coloplast tumbles on missed expectations

(Reuters) — Coloplast (CPH:COLO B) reported a 16% increase in 2nd-quarter core profit, slightly below expectations, pushing the medical device company's share price down nearly 4%.

Pelvic mesh lawsuits: Judge urges plaintiffs, medtech companies to settle

February 6, 2015 by MassDevice

The federal judge overseeing some 70,000 pelvic mesh product liability lawsuits urges the plaintiffs and the medical device company defendants to settle.

Pelvic mesh lawsuits: Judge urges plaintiffs, medtech companies to settle

(Reuters) — A U.S. judge Thursday urged transvaginal mesh device makers and the women suing them to work harder to resolve their 10s of thousands of lawsuits in 1 of the biggest U.S. mass torts in history.

Pelvic mesh lawsuits push Coloplast's annual profits down

October 30, 2014 by Brad Perriello

Coloplast posts its 1st profits decline in 7 years on mounting legal costs stemming from U.S. product liability lawsuits filed over its pelvic mesh products.

Pelvic mesh lawsuits push Coloplast's annual profits down

Philly court sets up new pelvic mesh mass tort

February 20, 2014 by Brad Perriello

The Philadelphia Court of Common Pleas establishes a mass tort for all pelvic mesh lawsuits filed in its jurisdiction.

Philly court sets up new pelvic mesh mass tort

A Pennsylvania state judge ordered the creation of a mass tort this week to collect product liability lawsuits filed over pelvic mesh products against some of the largest names in medical devices.

Coloplast gains on Q4, FY2013 results

November 4, 2013 by Brad Perriello

Coloplast shares are up nearly 8% since the Danish medical device company reported its 4th-quarter and fiscal 2013 results.

Coloplast gains on Q4, FY2013 results

Coloplast (CPH:COLO B) shares have gained nearly 8% since the Danish medical device company reported profit growth of more than 23% for the fiscal 4th quarter and 2013 last week.

First bellwether date set for Boston Scientific in pelvic mesh lawsuits

October 11, 2013 by Brad Perriello

A federal judge in West Virginia sets a date early next year for the 1st bellwether case in the multi-district litigation filed over Boston Scientific's pelvic mesh products.

First bellwether date set for Boston Scientific in pelvic mesh lawsuits

The 1st bellwether trial in the multi-district litigation filed over Boston Scientific's (NYSE:BSX) pelvic mesh products is slated for early next year, a federal judge ordered this week.

Pelvic mesh makers look to settle lawsuits

October 1, 2013 by Brad Perriello

Makers of pelvic mesh facing 10s of thousands of lawsuits over the surgical devices are hoping to negotiate bulk settlements with a consortium of plaintiffs' lawyers, according to Bloomberg.

Pelvic mesh makers look to settle lawsuits

Five medical device companies that make pelvic mesh implants are hoping to negotiate settlements for the more than 30,000 pending lawsuits they're facing in the U.S., anonymous sources told Bloomberg.