Posts Tagged ‘ AMS ’

$1.6 Billion Master Settlement Reached to Resolve AMS Pelvic Mesh Claims

Sep 30th, 2014 | By
$1.6 Billion Master Settlement Reached to Resolve AMS Pelvic Mesh Claims

Breaking  News* This afternoon Endo International announced a master settlement has been reached that will resolve the lawsuits facing the vaginal mesh maker and its subsidiary AMS (American Medical Systems). The press release says the settlement in no way admits any liability or fault. In its most recent SEC report from July, AMS tells shareholders
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100-Thousand Mesh Defective Product Cases Now Filed as Mesh Makers Assure Shareholders

Sep 28th, 2014 | By
100-Thousand Mesh Defective Product Cases Now Filed as Mesh Makers Assure Shareholders

Mesh News Desk has done the math and the numbers of pelvic mesh lawsuits just keeps rising. Including the numbers from the mesh makers latest Securities and Exchange Filings with the federal government, the number of defective mesh cases now hovers at the 100-thousand lawsuit mark. Even with 67,322 cases filed in federal court in
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June – Watching and Waiting for News of Mesh Settlements, Reclassification

Jun 2nd, 2014 | By

Tensions are beginning to get strained over the extremely long wait for justice for the mesh- injured. Welcome to Mesh News Desk aka MMDND your source for all news mesh-related. Much is happening at this time but much of it is behind the scenes.   Take for example, the recent announcement that Endo/AMS had decided to
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Endo Offers $830 Million to Settle 20K AMS Pelvic Mesh Lawsuits

Apr 30th, 2014 | By
Endo Offers $830 Million to Settle 20K AMS Pelvic Mesh Lawsuits

*This Just In* Late this afternoon, Endo Health Solutions announced it had reached an agreement with several law firms to settle in principle about 20,000 defective pelvic mesh lawsuits sold by its subsidiary American Medical Systems. Here is Endo’s news release.   Here is Exhibit A: Resolution Framework: http://www.motleyrice.com/files/medical-devices/exhibit_a.pdf MR press release about the settlement
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Endo/ American Medical Systems Under Investigation for Transvaginal Mesh

Mar 5th, 2014 | By
Endo/ American Medical Systems Under Investigation for Transvaginal Mesh

Endo Health Solutions took over American Medical Systems (AMS) in 2011 for $2.9 billion and in doing do inherited roughly 22,000 transvaginal mesh lawsuits. That may have been a mistake. In its annual report released by the Securities and Exchange Commission Monday, Endo says it has received subpoenas from several states investigating its pelvic mesh
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Endo/American Medical System Sets Aside $520 Million for Mesh Litigation Costs

Feb 26th, 2014 | By

Whether you settle a lawsuit or fight it to the bitter end, it costs a lot to be involved in transvaginal mesh litigation. Endo Health Solutions, the parent company of American Medical Systems (AMS) has set aside approximately $520 million to cover those costs according to its Securities and Exchange Commission filing (SEC) just released
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FDA Approves New American Medical System Transvaginal Mesh Sling

Dec 9th, 2013 | By
FDA Approves New American Medical System Transvaginal Mesh Sling

American Medical Systems (AMS) has just received FDA clearance to market a new incontinence sling, according to a press release that appears in the Wall Street Journal. The RetroArc Retropubic Sling System received the Food the Drug Administration’s 510(k) clearance, a standard that does not require any clinical trials but relies on naming a similar 
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AMS Granted Limited Discovery into Alleged “Scheme” in Transvaginal Mesh Litigation

Oct 13th, 2013 | By
AMS Granted Limited Discovery into Alleged “Scheme” in Transvaginal Mesh Litigation

On Friday, October 11, AMS, American Medical Systems, was given a limited green light to look into what it alleges could be a fraudulent “scheme” to  stack the deck in the plaintiff’s favor in the ongoing transvaginal mesh litigation. At the same time, those alleged in the questionable activities were granted protection from an overbroad
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Breaking News! AMS Alleges “Scheme” to Profit from Transvaginal Mesh Injuries

Oct 10th, 2013 | By
Breaking News! AMS Alleges “Scheme” to Profit from Transvaginal Mesh Injuries

A Mesh News Desk Exclusive ~ A hearing in federal court in West Virginia, Thursday, will determine whether American Medical Systems (AMS) can pursue allegations of what it calls a “scheme” to create fraudulent transvaginal mesh removal records for profit and to stack the deck against the mesh maker in ongoing federal litigation. The mesh
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Lawsuits on the Horizon – Do they Represent the Scope of Injuries?

Sep 6th, 2013 | By

2014 should be a very busy year for transvaginal and incontinence mesh lawsuits. The four Boston Scientific bellwether cases have reportedly been chosen by federal Judge Joseph R. Goodwin, overseeing about 30,000 cases consolidated in his West Virginia Court. On August 1, both sides presented their proposed cases. Judge Goodwin in a pretrial order said:
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We hope you find this a helpful resource. National News Editor, Jane Akre, began MDND with the hope of providing the latest news, information and perspective from the regulatory, industry and patient point of view, something that goes under-reported in much of the coverage of medical devices. The public is just now becoming aware that many devices do not undergo the same scrutiny as prescription drugs and are instead grandfathered in under an FDA loophole that has gone largely unchanged since the 1970s. As a result, patients become the post-market clinical trial subjects, and many suffer devastating and permanent injuries.