Zimmer Holdings estimates that it will pay approximately $388 million in legal costs connected to its Durom metal-on-metal acetabular hip implant, which was temporarily recalled in 2008, according to a Mass Device report.
The device giant temporarily recalled the device for a month to investigate potential causes for high revision rates. The company later found the high revision rates were due to improper implantation techniques and returned the device to the market.
Since then, Zimmer has been subject to legal action connected to the Durom device. So far, it has doled more than $98 million for Durom-related claim and expects to pay approximately $290 million more.
Since then, Zimmer has been subject to legal action connected to the Durom device. So far, it has doled more than $98 million for Durom-related claim and expects to pay approximately $290 million more.
More Articles on Orthopedic Devices:
DePuy Launches New Trumatch Pin for Orthopedic Implants