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J&J to pay $2.5B to settle hip replacement suits

November 20, 2013 • Business


FILE – This file photo made July 19, 2002, shows the Johnson & Johnson corporate headquarters in New Brunswick, N.J. Johnson & Johnson said Tuesday, Noov. 19, 2013, it will pay $2.5 billion to settle thousands of lawsuits brought by hip replacement patients who accuse the company of selling faulty implants that led to injuries and additional surgeries. (AP Photo/Daniel Hulshizer, File)

WASHINGTON (AP) — Johnson & Johnson said late Tuesday that it will pay $2.5 billion to settle thousands of lawsuits brought by hip replacement patients who accuse the company of selling faulty implants that led to injuries and additional surgeries.

The agreement presented in U.S. District Court in Toledo, Ohio, is one of the largest for the medical device industry. It resolves an estimated 8,000 cases of patients who had to have the company’s metal ball-and-socket hip implant removed or replaced. J&J pulled the implant from the market in 2010 after data showed it failed sooner than older implants.

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