Medtronic said it is resolving claims that wires connecting implantable Sprint Fidelis defibrillators to patients’ hearts were defective. In 2009, the company estimated that at least 13 people may have died because of the problem.
Medtronic said it has agreed to pay $268 million to settle U.S. lawsuits and claims related to its Sprint Fidelis family of defibrillation leads which it recalled three years ago.
The settlement “will provide an average payout of more than $33,000 to patients who have defibrillators with wires that have broken or are considered likely to break.” Company officials estimate “that 170,000 people worldwide still have defibrillators with the Sprint Fidelis leads inside them.” Read full story Bloomberg News.
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