Category Archives: Legal

Stryker Finalized its Purchase of Mako Surgical Corporation

As the year 2013 draws to a close, Stryker has fnalized its purchase of Mako Surgical Corp., its rival medical device manufacturing company that utilizes robot-assisted orthopaedic surgical procedures. As reported by Reuters last September 2013, Stryker paid $1.65 billion to acquire this technology.
 
According to legal analysts, Stryker is seemingly creating new strategies to stay on top of the medical device sector amidst the several legal endeavors the company face due to the recalled Stryker hip replacement devices.
 
Presently, Stryker faces a number of lawsuits filed by the affected patients of the Rejuvenate and ABG II hip replacement devices which were voluntarily recalled by the company in July 2012 due to safety issues. Majority of the filed lawsuits have been consolidated into a federal multidistrict litigation (MDL) and a multicounty litigation (MCL).

Read More: Stryker Finalizes Its Acquisition of Mako Surgical Corporation 

Judges Orders Stryker Lawsuit Consolidation in Minnesota

It has been learned through the injury lawsuit newswire the consolidation of federal Stryker hip lawsuits that applied to all lawsuits filed by those who have been injured by Stryker’s Rejuvenate and ABG II hip replacements in Minnesota was ordered by the federal court to be conducted on June 12.

Miss Rochelle Rottenstein, principal of Rottenstein Lawsuit Group, said in a press statement that this consolidation of pre-trial proceeding is beneficial to complaints and litigants. It provides more efficient, cost-effective avenue to trials, while retaining potential for individual compensation for each complainant.

As a form of clarification, the Rottenstein Law Group has issued a statement in response to the court order on the Stryker consolidation of federal in Minnesota.

Stryker Rejuvenate and ABG II hip replacements have been recalled last July 2012 because of data showing that the modular necks of these devices had been to fretting and corrosion, thus causing swelling on the tissues surrounding the implant and causing painful movement.