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Endo Int’l Agrees to an $830M Bladder Mesh Settlement with Claimants
In a statement released by Endo International PLC, it announced that it has reached an agreement with lawyers of plaintiffs on the settlement of claims filed by women injured by the surgical mesh used in treating pelvic organ prolapsed (POP) and stress urinary incontinence (SUI) and which were manufactured and distributed by its business unit, American Medical Systems. Included in this bladder mesh settlements are roughly 20,000 claimants who have pending lawsuits in different state and federal courts across the country.
Amount of $830M Allocated Endo by International
For this settlement, Endo International has allocated an amount of $830 million for the estimated 20,000 injured women who have filed bladder mesh lawsuits. At this number, each claimant is expected to get a settlement of around $40,000. Claimants entitled to this amount would be those whose cases are handled by four law firms that Endo International came into agreement with.
In its agreement, payment of the settlement may run up to 2016. This may be understandable considering that the settlements will be subject to a number of requirements that the law firm must comply with. This will include verification of the implant as a product of AMS and the confirmation of important medical records.
Second Bladder Mesh Settlement by Endo International PLC
This settlement announced by Endo International is actually the second such agreement made by the company in behalf of its subsidiary, American Medical Systems. In June of last year, Endo also settled an undisclosed number of mesh lawsuits for an estimated amount of $54.5 million. It was learned that the cases included in the settlement were those handled by a Houston-based lawyer and involved injured women who were implanted with the Perigee, Apogee, and Elevate brands of mesh devices.
Endo Settlement Positive Development towards Resolution Mesh Controversy
This action by one of the largest mesh manufacturers is certainly a positive indication towards the resolution of the mesh controversy that has affected thousands of women not just in the United States but all over the world. If consummated, this agreement would bring into resolution almost a fourth of all bladder mesh cases brought before American courts.
This development, along with the other settlement efforts by other manufacturers would provide encouragement to all the women who have suffered serious injuries as a result of these mesh devices. At the moment, settlement negotiations are being carried out between representatives of bladder mesh claimants and those from Coloplast A/C and C.R. Bard. In the coming months it would become clearer if the other mesh manufacturers, including Ethicon, Inc. and Boston Scientific, would go the way of Endo International.
Top Tips To Effectively File A Bladder Mesh Settlement
When you believe that you have had a serious problem with a bladder mesh operation that you have recently gone through, it is very important for you to make solid decisions that will help you get a good amount of compensation. This is simply because you undertook the operatic to improve your life. If on the other hand you decide not to file the lawsuit, then you will not be able to get the real value of the problem that you are going through. Therefore, it is very important for you to understand a couple of tips about bladder mesh settlement that you should know. This article will explain a couple of those tips.
Make a decision on whether to file it or not
The first thing that you should always do when it comes to bladder mesh settlement is to make a good decision first. If you think that you don’t have serious side effects, you could decide not to do it. It is however not a recommended thing for you to do. This is simply because of the fact that when you file such a lawsuit, you will actually be helping other people make better decisions.
Get a qualified legal mind
The next thing to do is to get a qualified legal mind. This should be someone who has experience in doing all these. This should also be a person who has credibility in what he does. You basically don’t need to use the services of someone who sees you (or the situation) as a cash cow. Ultimately, this will not be important at all.
Negotiate a good percentage
You also need to negotiate a good payment percentage. You don’t want to get someone who takes a very big percentage of your reward.
References:
- endo.com/news-events/press-releases?c=123046&p=irol-newsArticle&ID=1924548
- meshmedicaldevicenewsdesk.com/latest-in-the-litigation-concerning-mesh-and-medical-devices/endo-offers-830-million-to-settle-20k-ams-pelvic-mesh-lawsuits/
