Archive for November, 2013

Fresenius CFO talks about costs related to GranuFlo lawsuits at earnings meeting

Fresenius Chief Financial Officer Michael Brosnan spoke about the upcoming financial costs of GranuFlo lawsuits facing the company at an earnings meeting. Brosnan confirmed that the company is preparing to face significant legal costs in dealing with GranuFlo and NaturaLyte, its dialysis acid concentrate products that were recalled after reports of significant injuries.

Read more about financial costs associated with GranuFlo lawsuits…

Stryker to pay $13.2 M in bribery lawsuit

Metal-on-metal hip replacement manufacturer Stryker Corporation will pay $13.2 million to settle lawsuits alleging that the company bribed doctors and governments in five different countries. The U.S. Securities and Exchange Commission (SEC) charged Stryker with masking bribes to Poland, Argentina, Greece, Mexico and Romania as “charitable donations.”

Read more about Stryker Corporation lawsuits…

Scottish law to protect asbestos victims now applies to transvaginal mesh victims

A new Scottish law which allows any patient exposed to asbestos to receive legal compensation now applies to women who received a transvaginal mesh patch. The law states that because it can take years for symptoms of transvaginal mesh failure to develop, patients do not have to have shown symptoms before being entitled to damages.

Read more about transvaginal mesh failure…

NHS bans metal-on-metal hip replacements, including BioMet

The British National Health Agency (NHA) has banned metal-on-metal hip replacements of all kinds, including the BioMet M2A Magnum. The decision came after a study showed that there was a failure rate of nearly 4 out of 10 among patients fitted with the implants at NHA hospitals.

Read more about BioMet M2a Magnum failure rates…

Eating more fruits and vegetables may be an alternative to SNRIs like Effexor

A recent review published in Nutritional Neuroscience has found that eating more fruits and vegetables may be part of a health alternative to antidepressants in a class known as serotonin norepinephrine inhibitors (SNRIs) such as Effexor. Foods such as apples, berries, grapes, kale, onions and green tea could all contribute to treating depression.

Read more about antidepressant alternatives…

Johnson & Johnson Said to Agree to $4 Billion Settlement Over Hip Implants

Johnson & Johnson has tentatively agreed to a settlement that could reach up to $4 billion to resolve thousands of lawsuits filed by patients injured by a flawed all-metal replacement hip, said two lawyers briefed on the plan.

Read more about the metal hip replacement settlement…

IUD contributes to an increased risk of pelvic inflammatory disease

Women who use intrauterine devices (IUD) such as the Mirena IUD are at an increased risk of developing pelvic inflammatory disease (PID), according to the University of Rochester Medical Center. Pelvic inflammatory disease can lead to ongoing pelvic pain, and one in 10 women who develop PID will become infertile.

Read more about the link between IUDs and pelvic inflammatory disease…

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