C.R. Bard is prepared to pay $184 million to settle hernia repair lawsuits filed by individuals who suffered severe internal injuries that were allegedly caused by design problems with their Composix Kugel mesh products.
The company announced the charge amount expected to cover any Kugel mesh settlements in its second-quarter report, indicating that the manufacturer has reached agreements in principle with a number of law firms representing a large portion of plaintiffs who have brought a claim.
The settlement comes after only two Kugel hernia mesh trials have been presented to a jury, out of an estimated 3,000 lawsuits that have been filed in courts throughout the United States.
The first Kugel bellwether trial held in federal court, which involved a case brought by John Whittfield, ended in a defense verdict last April. While the jury in that case found that the manufacturers were negligent in the design of