medical devices

8:08 pm
Mon November 3, 2014

Stryker Settles Hip Replacement Lawsuits, Will Pay at Least $1.4-Billion

Stryker voluntarily conducted a worldwide recall of the products in 2012
  • Source: Mlive
  • | Via: Kalamazoo Gazette
KALAMAZOO, MI - Stryker Corp. has agreed to pay at least $1.4 billion to settle thousands of lawsuits by U.S. patients who had surgeries to revise problematic Stryker hip replacements. The settlement in New Jersey's Bergen County Superior Court is intended to compensate individuals who had to have surgery to replace either of two Stryker products -- the Rejuvenate Modular-Neck hip stem and/or ABG II Modular-Neck hip stem.
8:54 pm
Tue February 5, 2013

Stryker wins patent infringement lawsuit against rival Zimmer

Kalamazoo-based company stands to collect $70-million in estimated lost profits.
  • Source: Mlive
  • | Via: Kalamazoo Gazette
GRAND RAPIDS, MI - Stryker Corp. won a major patent infringement lawsuit Tuesday against rival medical technologies maker Zimmer Inc. in U.S. District Court in Grand Rapids. An eight-person jury found that Warsaw, Ind.-based Zimmer had infringed on a Stryker medical system that is a mainstay of hip- and knee-replacement procedures.