J&J Sources Speculate Possible $250 Million Settlement of DePuy ASR Recall Cases
Johnson & Johnson may have agreed to settle more than $250 million worth of DePuy ASR hip lawsuit claims, according to sources close to the supposed agreement.
Bloomberg.com reported on October 30th that the potentially settled cases were excluded from a $2.5 billion settlement last year involving the DePuy ASR Hip Replacement System. According to claims, the healthcare giant and its subsidiary, DePuy Orthopaedics failed to adequately warn about the metal-on-metal implant’s potential to fail early, and cause dangerously elevated levels of metal in the blood stream. People familiar with the companies’ latest settlement say its conditions may be the same as last year’s, which awarded each patient an average of $250,000 per surgery, and cover medical bills associated with their alleged injuries. The recent agreement is rumored to squash 8,000 lawsuits, Bloomberg states.
J&J Refuses to Comment on DePuy ASR Recall Settlement
If Johnson & Johnson’s reported settlement comes to pass, approximately 75 percent of lawsuits filed in the U.S. will have been resolved. The companies refuse to offer comment on the supposed settlement talks, though, and will only refer to the supposed talks as “speculation.”
All the lawsuits involved in these agreements follow a DePuy ASR recall that occurred in August 2010 and affected 93,000 metal-on-metal hips. The action was announced after it was discovered by the National Joint Registry in England, Wales and North Ireland that 37 percent of hips failed within five years, and shed cobalt and chromium materials in the bodies of recipients. The failure rate in Australia was shown to fail 44 percent within seven years.
Johnson & Johnson and DePuy began marketing the all-metal DePuy ASR hip replacement in 2005 as a design that would allow for greater mobility for up to 20 years.
Since then, lawsuits have continued to be filed in a federal litigation underway in the U.S. District Court, Northern District of Ohio. At least 8,500 claims had been centralized in the proceeding as of October 2015, according to court records, in addition to thousands of others in California, Illinois and New Jersey.
Some 3,000 of these suits have been filed by individuals whose ASR hips have not yet failed early, Bloomberg reports.
Consider a DePuy ASR Lawsuit
Call our lawyers now for more about filing a DePuy ASR lawsuit against Johnson & Johnson and DePuy. You may become one of the many who has already received compensation for lost wages, out-of-pocket medical expenses and other damages caused by the ASR hip. Contact our Firm directly at (877) 779-1414.