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Johnson & Johnson (JNJ) has reportedly offered to pay more than $200k per hip case, for a...

  • Friday, January 18, 2:56 PM ET
    Johnson & Johnson (JNJ) has reportedly offered to pay more than $200k per hip case, for a settlement that would top $2B. Johnson & Johnson (JNJ -0.2%) and Zimmer Holding (ZMH -1.8%) have been the subject of thousands of patient lawsuits for their metal-on-metal hip implants, which have been linked to almost 16,800 adverse events in the U.S. between 2000 and 2011.
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This news story has 3 comments:

  •  
    Come on JNJ...when is this kind of trouble going to stop?
    18 Jan, 03:47 PM Reply Like
  •  
    It's only been known for decades that metal rubbing on metal causes particles, particles float around the body, they cause reactions and that causes health issues. So why did it take so long to act?
    $200 per hip is about 1/10th of the price the bad-boys charge for the products, so what sort of penalty is that?
    19 Jan, 11:42 PM Reply Like
  •  
    If I am not mistaken, it's $200K ! per hip...correct me if I am wrong.
    20 Jan, 08:53 AM Reply Like
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