Advanced Spine, Inc.
This article was originally published in The Gray Sheet
Executive Summary
Spinal implant devices manufacturer reaches tentative global settlement agreement with U.S. District Court Judge William Byrne, Central Division of California, dismissing all product liability and conspiracy claims against the company and its distributors in federal and state courts relating to pedicle screw liability lawsuits totaling roughly $3.5 mil., the firm announces May 20. Advanced Spine's insurance carrier will cover yet-to-be-determined future payments required under the settlement