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Endo Health Solutions Inc. (Formerly Known as Endo Pharmaceuticals Holdings Inc.) (ENDP) Unit Pays $55 Million to Settle Vaginal Mesh Suits


6/21/2013 7:29:20 AM

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An Endo Health Solutions (ENDP) Inc. unit agreed to pay $54.5 million to settle some lawsuits alleging its vaginal-mesh implants eroded in some women and left them incontinent and in pain. Officials of Endo’s American Medical Systems Inc. said in a securities filing today the medical-device maker is paying to resolve an unidentified number of suits over the company’s vaginal-mesh devices, which include the Perigee, Apogee and Elevate implants. The settlement doesn’t affect the majority of about 5,000 vaginal-mesh suits filed against AMS that have been consolidated for pre-trial proceedings before a federal judge in West Virginia. The first trial of a federal AMS case is set for December, according to court filings. AMS executives “intend to continue to vigorously defend themselves in the remaining mesh product liability cases and in any new cases that may arise,” company officials said in the filing with the U.S. Securities and Exchange Commission.

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