Endo announced a day after the U.S. Food and Administration (FDA) proposed an order to classify transvaginal mesh as a high-risk device that they had reached a settlement agreement of $830 million. The mesh settlement is expected to resolve around 20,000 transvaginal mesh lawsuits targeted at Endo subsidiary, American Medical Systems.
Though Endo’s proposed settlement will bring a sense of closure to many women and their families, the company will remain part of another 23,000 lawsuits in the U.S. Approximately 17,000 of the 23,000 cases are part of the multidistrict litigation (MDL) being heard in the U.S. District Court for the Southern District of West Virginia by Judge Joseph R. Goodwin.
The settlement will apply to certain cases involving plaintiffs who were implanted with either the Perigee, Apogee, or Elevate American Medical Systems transvaginal mesh devices.
According to a Bloomberg report, plaintiffs whose cases will be affected by the settlement will receive a minimum of $40,000. However, this compensation package could increase depending upon the severity of the plaintiff’s injuries, and the number of surgical operations that the plaintiff underwent to repair damages from the defective transvaginal mesh.
A product liability law professor interviewed for the Bloomberg report was quoted as saying that, in light of manufacturers having experienced a significant number of losses in transvaginal mesh cases, negotiating a settlement continues to appear to be a better option.
The defective medical device lawyers at Carey Danis & Lowe are dedicated advocates of victims of transvaginal mesh. Carey Danis & Lowe is currently representing women and their families in transvaginal mesh lawsuits across the country.
If you have been injured by a transvaginal mesh device, we encourage you to begin exploring your legal options and compensation eligibility today. One of our defective medical device lawyers can assist you during your free initial case evaluation.
Share your transvaginal mesh story with Carey Danis & Lowe today. Contact our law offices by phone at 1.800.721.2519 or fill and submit the contact form.References: Defective Medical Device litigation, Transvaginal Mesh