Sterigenics’ parent company Sotera Health announced that it has agreed to settle more than 870 ethylene oxide lawsuits in Illinois. The agreements, announced yesterday evening, have Sterigenics paying $408 million to settle the claims filed in the Circuit Court of Cook County and U.S. District Court in northern Illinois. Sotera Health saw its stock more […]
Sotera Health
New Mexico AG sues Sterigenics over ethylene oxide emissions
The attorney general of New Mexico has filed a lawsuit against Sterigenics and associated companies claiming a company medtech sterilization plant in Santa Teresa, N.M. has harmed air quality and “materially contributed” to nearby residents’ health risks. In the claim filed Dec. 22, 2020, attorney general Hector Balderas alleges that Sterigenics has caused “substantial unreported, uncontrolled releases” […]
MedTech 100 roundup: Stocks remain high after record-setting week
Medtech stocks have been on the rise since positive news regarding COVID-19 vaccines broke last week, breaking a record in the process. MassDevice’s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — finished last week at 98.99 (Nov. 13), marking a 1.4% uptick from the 97.62 points registered at the […]
Sotera Health files for $1.1 billion IPO
Sotera Health has filed with the SEC to confirm its intent to raise nearly $1.1 billion in an initial public offering. Broadview Heights, Ohio-based Sotera Health said in the filing out yesterday that it expects to sell 46.6 million shares of its common stock at an assumed IPO price of $21.50 per share, totaling $949.3 […]
600 new ethylene oxide lawsuits filed against Sterigenics in Illinois
More than 600 lawsuits were filed last week against Sterigenics, claiming that emissions from the company’s now-shuttered Willowbrook, Ill., ethylene oxide (EtO) plant caused health problems in people who lived or worked nearby. The filings bring the total of personal-injury lawsuits against the Oak Park, Ill.-based company to more than 700, according to one of more […]
Ga. warehouse workers sue Sterigenics, ConMed over EtO exposure
Fifty-three people who worked in an Atlanta-area warehouse that stored medical devices sterilized by ethylene oxide (EtO) filed suit this week against Sterigenics and its parent company over exposure to the gas. The plaintiffs or their families claim that long-term EtO exposure to the sterilized devices, which they unloaded, handled, warehoused and distributed, caused multiple deaths, cancer, […]
Sterigenics accused of moving $1.3 billion to avoid ethylene oxide payouts
Attorneys for Illinois plaintiffs suing Sterigenics claim the company deliberately shuffled $1.3 billion in assets to investors to avoid compensating people sickened by exposure to ethylene oxide (EtO). The attorneys representing 75 people who lived or worked near the company’s now-shuttered Willowbrook, Ill., medtech sterilization plant filed an amended complaint in Cook County, Ill. on […]
Report: 32 new lawsuits filed against Sterigenics in Illinois over ethylene oxide emissions
This article has been updated with comments from one of the plaintiffs’ attorneys. More than 40 lawsuits have been filed against Sterigenics by people who claim that emissions from the company’s Willowbrook, Ill. medical device sterilization plant have adversely affected their or their relatives’ health, according to a report by the Associated Press. Lawyers for the plaintiffs filed 32 […]