Another victory has been scored for vaginal mesh sufferers. CR Bard said that it will pay out $200 million to settle 3000 cases. This pay out represents about 20 percent of remaining lawsuits against mesh device makers.
Bard was forced into this decision because US District Judge Joseph Goodwin warned that more multimillion dollar jury verdicts might push the company into bankruptcy. Since Bard lost several jury cases in regular proceedings and on appeal, the judge saw that it wasn’t likely that Bard would win upcoming cases.
In order to prepare for future victim compensation, Bard, based in Murray Hill, New Jersey, added $337 million to its $660 million reserve for medical device-liability cases.
The company is discussing settlements with attorneys for other victims who blame Bard’s vaginal mesh for their injuries, which include crippling pain and the inability to walk.
Have you suffered from vaginal mesh? Carey Danis and Lowe attorneys specialize in mesh defect cases. Our firm provides free legal evaluations—please tell us about your case if you’ve been harmed by transvaginal mesh products.
Our on-staff medical experts are ready to answer your questions about complications from faulty mesh devices. Call us at 800-721-2519 to schedule a private consultation. We’ll guide you through your legal options and potential compensation eligibility.References: Defective Medical Device litigation, Transvaginal Mesh