Medtronic Announces massive liquidation

Medtronic medical device maker announced Monday a massive liquidation that its Sprint Fidelis defibrillator leads. Implantable medical devices cables had been the subject of thousands of product liability lawsuits, followed by intense attention before the suits were dismissed by the judge of Court of federal district of Minneapolis Richard Kyle. In dismissing lawsuits Kyle cited the recent ruling of the Supreme Court in Riegel v. Medtronic, which prevents that lawyers for the plaintiffs submit lawsuits against manufacturers of certain types of medical devices approved by the FDA, including Medtronic of Sprint Fidelis wires. Lawyers appealed judgement of Kyle, and rather than wait for the decision of the Court of appeal, Medtronic chose to settle out of court by a staggering $ 268 million.
Medtronic Sprint Fidelis leads were recalled in 2007 after numerous reports of dangerous cracks. According to the company, the cracks were responsible for at least 13 dead. Cracks in medical device leads may prevent the device from functioning. The devices in question are designed to deliver electric shocks to the heart when he beats incorrectly and cracks may have prevented it from doing so and caused them to deliver unnecessary shocks.
The consumers interested in learning more please contact a lawyer specializing in demands of medical device liability and defective product. For more information, readers are encouraged to visit your dedicated to Medtronic legal guide section lawsuits and defective medical devices. Dozens of lawsuits related to Medtronic ICDs and pacemakers Medtronic has also been submitted in recent years.
Tags: defibrillator leads, Medtronic Sprint Fidelis
This entry was posted on Tuesday, October 19, 2010 at 7: 31 pm and is filed in Uncategorized. You can follow any responses to this entry through the RSS 2.0 source. Comments and pings are currently closed.

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