Medical device manufacturer Johnson & Johnson has agreed on a settlement amount of $120 million for the thousands of lawsuits that have been filed against J&J and its subsidiary in regards to their transvaginal mesh device.
The vaginal device allegedly caused organ damage and constant pain after the mesh eroded in women who previously had it implanted.
There are an estimated 2,000 to 3,000 cases that the settlement funds could be applied to, according to several sources who have asked to remain anonymous.
This is the first time that Johnson & Johnson has attempted to resolve such a large number of mesh cases.
“From time to time we have appropriately agreed to resolve some cases,” said J&J spokesperson Ernie Knewitz. “We will not discuss the terms, nor discuss our ongoing litigation strategy.”
By offering settlements on such a large scale, Johnson & Johnson hopes to avoid further litigation in the future.
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