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An Australian judge has approved a settlement between J&J (JNJ) and patients who received...
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Tuesday, December 4, 2012, 9:54 AM ETAn Australian judge has approved a settlement between J&J (JNJ) and patients who received dodgy knee implants, clearing the way for the company to pay compensation of at least A$30,000 ($31,000) per case. J&J recalled the implant in 2009 following reports of defects. Over 5,070 implants were used in Australia, while the number of inquiries about the proposed deal is over 430.
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