Thursday
Aug 21st
Knowledge Bank
News
Research Insight
Techno Trends
Industry Reports
Articles
Industry
Events & Exhibition
Industry Projects
Case Studies
White Papers
Book Shelf
Publishing
Press Releases
E-Mailers
E-Newsletters
Webinars / Videos
Advertise
Print
Online
Subscribe





Lost Password?
No account yet? Register
Medtronic Settles Marquis Defibrillator Suits For $114.1M
Medtronic Inc said it reached a $114.1 settlement agreement for lawsuits relating to its Marquis line of implanted cardiac defibrillators. The Minneapolis-based implantable biomedical device maker said the 2,682 cases were settled for $95.6 million, as well as $18.5 million in attorneys' fees, which will be recorded as a one-time charge in its fiscal third quarter. Medtronic said the settlement doesn't represent an admission of liability or the validity of any defenses in the litigation.les Marquis Defibrillator Suits For $114.1M