Coloplast’s legal woes continue to grow, with the Humlebæk, Denmark–based device maker’s expected price tag for vaginal mesh lawsuits rising to a whopping 4.5 billion Danish kroner (equivalent to $678.6 million).
The maker of ostomy, continence, urology, and wound and skin care products—which has its U.S. headquarters in Minneapolis—had previously provisioned for 1.5 billion kroner (equivalent to $226.2 million). (Related article: The Worst-Performing Medical Device Firms of 2015)
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