Stryker Corporation has notified physicians and hospitals of an Urgent Medical Device Recall of its LFIT Anatomic Cobalt Chrome V39 femoral heads manufactured before 2011. Stryker received what it called a “higher than expected” number of reports from doctors of taper lock failure.… Read More

By Marilyn T. McGoldrick, Esq. Posted on Nov 3, 2014 A global settlement valued at over $1 billion dollars with the manufacturer of the Stryker Rejuvenate and ABG II hip implants, Homedica Osteonics Corp.¬†(also known as Stryker Orthopaedics), has been announced after a hearing today before the judge overseeing the Stryker MultiDistrict Litigation.¬†Patients who underwent… Read More

Stryker Corp., the manufacturer of the recalled Rejuvenate and ABG II Modular Neck hip systems, announced this month that it is taking a $161 million dollar charge against its 2nd quarter earnings relating to the recall. Despite taking this charge, Stryker still reported making a $215 million dollar profit in the 2nd quarter on revenue of $2.35 billion.… Read More