Stryker to Pay More Than $1 Billion for Recalled Hips
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Stryker Corp. agreed to pay about $1 billion to resolve lawsuits over thousands of hip implants it recalled in 2012 after patients complained of pain, swelling and metal debris from the devices, a federal judge said.
Stryker, based in Kalamazoo, Michigan, withdrew its Rejuvenate and ABG II devices in July 2012 after warning surgeons that year that the devices could harm tissue around the hip and cause other health problems. The company faces 1,800 cases consolidated before U.S. District Judge Donovan Frank in St. Paul, Minnesota. A New Jersey state judge is overseeing about 2,100 lawsuits over the devices.