Stryker Settles 3,000-Plus Hip Patient Suits At About $350,000 Each
This article was originally published in The Gray Sheet
Executive Summary
Stryker recorded a charge of $1.425 billion, but could pay more, under a Nov. 3 settlement agreement between subsidiary Howmedica Osteonics Corp. and approximately 3,000 or more eligible individuals who had their Rejuvenate modular-neck hip stems or ABG-II modular-neck hip stems replaced.