A California appeals court on Wednesday affirmed a $5.5 million verdict against C.R. Bard Inc. and a gynecologist that found the two responsible for a woman’s injuries from a vaginal mesh implant in the first such case to go to trial. The panel rejected Bard’s argument that the negligence theories submitted to the jury were erroneous, finding instead that …
Boston Scientific Puts Aside Funds to Pay for Legal Expenses
Facing ongoing lawsuits over mesh products used to treat urinary incontinence, its 2006 acquisition of Guidant Corp., and tax issues with the IRS, Boston Scientific has now set aside nearly $1 billion to pay legal expenses. The Marlborough-based medical device company increased its litigation reserves by $139 million over the course of the three months that ended in September to …