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Stryker Settles 3,000-Plus Hip Patient Suits At About $350,000 Each

This article was originally published in The Gray Sheet

Executive Summary

Stryker recorded a charge of $1.425 billion, but could pay more, under a Nov. 3 settlement agreement between subsidiary Howmedica Osteonics Corp. and approximately 3,000 or more eligible individuals who had their Rejuvenate modular-neck hip stems or ABG-II modular-neck hip stems replaced.

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