Stryker Agrees to $1.4 Billion Hip Implant Settlement

Posted in Drug & Medical Devices on November 12, 2014

Stryker has agreed to compensate thousands of individuals affected by recalled hip implants—setting aside $1.4 billion to cover costs of the settlement. The affected implants are the ABG II Modular Hip System and the Rejuvenate Modular Hip System. Bloomberg news reports the medical device manufacturer “will pay a base amount of $300,000 per case...