TVM Settlement Amount Crosses A Billion For Endo
TVM Settlement Amount Crosses A Billion For Endo
Introduction
Two big transvaginal settlements amounts, announced by Endo International Plc., for the U.S. TVM cases takes the total settlement amount to over a billion. The first settlement news came in 2014 when Endo announced the establishment of a fund worth $830 million to settle a significant number of TVM cases. This August too, Endo has announced a whopping $775 million to settle roughly 22,000 lawsuits in the US. Quarter four of 2017 is targeted to begin issuing the settlement installment amounts that would continue until the end of 2019.
Comments
Latest News
Court Approves $700M Opioid Settlement for Acute Hospitals
Categories: Opioids
A federal court has approved a $700 million class-action settlement that will compensate over 1,000 acute care hospitals for costs related to the opioid crisis.
The settlement consolidates four separate agreements involving major drug…
Philips Settles CPAP Lawsuits Over Toxic Foam for $1.1B
Categories: Philips CPAP/BiPAP/ASV Sleep Apnea Machines
Philips has been embroiled in legal battles following the recall of millions of CPAP, BiPAP, and ventilator devices due to toxic foam degradation.
The breakdown of the foam in these machines may release harmful chemicals, raising serious…
Texas Trial to Decide J&J’s $10B Talcum Powder Settlement
Categories: Talcum
A high-stakes trial in Texas will determine whether Johnson & Johnson (J&J) can resolve tens of thousands of talcum powder cancer lawsuits through a…