Sonova to consider appeal against $7.25 mln damages order

ZURICH, April 17 Wed Apr 17, 2013 1:48am EDT

Related Topics

ZURICH, April 17 (Reuters) - Swiss hearing aid maker Sonova said on Wednesday it may appeal a U.S. court verdict awarding $7.25 million in damages in a case brought by a patient whose cochlear implant malfunctioned.

The device in question was part of a voluntary recall issued by Advanced Bionics in March 2006, Sonova said.

The company also said it would reassess its provisions for such claims, which could affect the financial year 2012-13 results.

Sonova bought Advanced Bionics in 2009 in a bid to increase its focus on the inner ear, but voluntarily recalled some implant devices worldwide the following year after two more instances of malfunction. (Reporting by Martin de Sa'Pinto)

FILED UNDER: