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Johnson & Johnson's Unit To Pay $2.5 Billion In U.S. Hip Implant Settlement-Reuters

Tuesday, 19 Nov 2013 05:18pm EST 

Reuters reported that a unit of Johnson & Johnson has agreed to pay an estimated $2.5 billion to settle thousands of lawsuits from individuals allegedly injured by the Company‚Äôs artificial hip implants. The settlement would compensate an estimated 8,000 patients who underwent surgery to replace their hip implants, according to a statement from Johnson & Johnson unit Depuy Orthopaedics Inc and lawyers for the plaintiffs. 

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