Johnson & Johnson paying $1B to settle hip implant lawsuits — 6 insights

Eric Oliver -  

Johnson & Johnson will pay about $1 billion to settle 95 percent of the 6,000 cases pending against the company's Pinnacle hip implants, which left several unable to walk, Bloomberg reports.

What you should know:

1. The nearly $1 billion award includes an earlier $400 million settlement.

2. Surgeons had to remove the Pinnacle metal-on-metal hip implants because of defects. Nearly 4,500 suits — brought by patients with partial metal implants or those with implants still — are pending.

3. Sources familiar with the settlement told Bloomberg that it was unclear if J&J would settle those remaining 4,500 cases.

4. Johnson & Johnson opted to settle directly with the plaintiffs' lawyers instead of establishing a settlement program.

5. The mass settlement came after multiple Texas juries over the last three years ordered J&J to pay more than $1.5 billion to Pinnacle hip patients.

6. J&J removed the Pinnacle metal-on-metal hip implant from the market in 2013.

Copyright © 2022 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

Featured Webinars

Featured Podcast

Featured Whitepapers