Commentary: Congress Should Protect This Medical LifelineNaomi Freundlich
In 1993, DuPont Co. sold $10.5 billion worth of the industrial fibers Dacron, Teflon, and Delrin. A mere $600,000 in sales, however, went to biomedical-implant manufacturers. But for more than eight years, DuPont ended up spending $50 million defending itself--successfully--against lawsuits involving a faulty jaw implant that contained 5 cents worth of Teflon. Deep pockets were the obvious target: The small implant maker went bankrupt soon after the suits were filed.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- Smartphones Are Killing Americans, But Nobody’s Counting
- Why a Pub in the Middle of Nowhere Was Named the World’s Best Restaurant
- Gulf Coast Oil Spill May Be Largest Since 2010 BP Disaster
- Racist Outburst Prompts Faber's Exit From Three Company Boards
- Airbus Snaps Up Bombardier Jet in New Challenge to Boeing