Becton Dickinson will pay over $1B to resolve more than 38,000 lawsuits alleging patients suffered damaged organs from surgical mesh improperly used to treat hernias, Jef Feeley of Bloomberg reports, citing people familiar with the deal. The company Becton did not disclose the cost of the settlement announced Wednesday, saying only that the deal resolves the “vast majority” of its existing hernia-mesh claims with payments over a multi-year period. As of June 30, Becton had set aside $1.7B for all its product-liability cases, including the mesh litigation, company filings show, according to Bloomberg.
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