Tuesday, May 17, 2011

Zimmer Sets aside $150m for Settlements, 45 Lawsuits go into Mediation

Judge Susan Wigenton of the New Jersey federal court has ordered that 45 lawsuits brought against Zimmer Inc. should go forward into mediation. A third party mediator will be set up to distribute compensation due to side effects and failure of Zimmer’s Durom Cup, used in their hip replacements. $150 million has been set up by Zimmer to compensate the plaintiffs, many of whom suffered severe pain due to the breakdown of the Durom cup, in many cases, within 2-3 years of their initial surgery.