Smith & Nephew (NYSE:SNN) this week recalled its Modular SMF and Modular Redapt hip implants “due to a higher than anticipated complaint and adverse event trend” with the modular necks used in the devices. “Based on an analysis of available data sets, Smith & Nephew considers that patients implanted with the modular neck hip prostheses […]
Wright Medical deals large joint biz to Corin Orthopaedics for $33m
Wright Medical (NSDQ:WMGI) said today that it agreed to deal its large joints business to Corin Orthopaedics Holdings for about $33 million in cash. The €29.7 million transaction, which is expected to close by the end of the 3rd quarter or early in the 4th quarter, involves legacy hip and knee implants from Tornier; Wright and Tornier merged […]
Judge slashes $500m jury verdict to $151m in J&J’s Pinnacle hip loss
A federal judge yesterday slashed a $500 million verdict against Johnson & Johnson (NYSE:JNJ) subsidiary DePuy Orthopaedics in the multi-district litigation over its Pinnacle metal-on-metal hip implant, cutting the award to roughly $151 million. In March, a Texas federal jury slapped DePuy Orthopaedics with a $500 million judgment in favor of a quintet of plaintiffs who blamed the Pinnacle […]
Wright Medical wants retrial in Conserve hip implant loss
Wright Medical (NSDQ:WMGI) wants a federal appeals court to overturn the verdict in the 1st bellwether trial over its Conserve metal-on-metal hip implant, arguing that a new trial is warranted because the jury had 2 bites at the apple. An Atlanta jury last year awarded plaintiff Robyn Christiansen $1 million in compensatory damages and another $10 million […]
Johnson & Johnson wants Pinnacle bellwethers stayed after $500m loss
A Johnson & Johnson (NYSE:JNJ) subsidiary wants a federal appeals court to hit the pause button in the multi-district litigation over its Pinnacle metal-on-metal hip implant to give it enough time to appeal a $500 million jury verdict. In March, a Texas federal jury slapped DePuy Orthopaedics with a $500 million judgment in favor of a […]
Study: Metal-on-metal hips impede osteoblast formation
A study of metal-on-metal hip implants found that the metal ions released when the parts of the cobalt-chromium-molybdenum devices rub against each other were able to penetrate into bone marrow, where they impeded the formation of bone-growing cells. Metal-on-metal hip implants came under intense scrutiny following the high-profile August 2010 recall of DePuy Orthopaedics’ ASR XL acetabular and ASR […]
ConforMIS yanks FDA clearance bid for iTotal hip, shares slide
ConforMIS (NSDQ:CFMS) shares slid today after the medical device company said it’s withdrawing its bid for FDA clearance for the iTotal personalized hip replacement after the federal safety watchdog raised questions about the bid. Bedford, Mass.-based ConforMIS said the FDA raised “a number” of questions about its 510(k) clearance application – too many for the company to […]
Jury slaps Johnson & Johnson with $500m verdict in Pinnacle hip bellwether
UPDATED March 18, 2016, with additional comment from DePuy, plaintiffs’ and defendant’s attorneys. A Texas federal jury today slapped Johnson & Johnson (NYSE:JNJ) subsidiary DePuy Orthopaedics with a $500 million judgment in favor of a quintet of plaintiffs who said the metal-on-metal Pinnacle hip implant caused their injuries. After a 2-month trial, jurors found that the […]
FDA mandates PMAs for metal-on-metal hip implants
The FDA said today that it will require the manufacturers of metal-on-metal hip implants to put the devices through its stringent pre-market approval process. The federal safety watchdog said its final order affects 2 types of MoM hips: Hip joint metal/metal semi-constrained with a cemented acetabular component, and hip joint metal/metal semi-constrained with an uncemented […]
U.K. lawyers, medical device makers convene over metal-on-metal hip lawsuits
Lawyers from both sides in more than 1,000 U.K. lawsuits filed over metal-on-metal hip implants reportedly met yesterday in London’s High Court for an unprecedented case management conference to consolidate the suits. When you need a lawyer, visit https://www.kaplunmarx.com/. There are 11 separate products involved in the litigation, including hip implants made by Johnson & Johnson […]
Stryker moves ahead with $1B hip settlement plan
Stryker (NYSE:SYK) said last week that it’s moving ahead with the $1 billion deal it inked last year to settle thousands of product liability lawsuits over a pair of recalled metal-on-metal hip implants. The Kalamazoo, Mich.-based orthopedics giant said 95% of registered eligible patients have singed up for the settlement program, established to compensate patients […]
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