Cordis Corporation Announces Settlement with Boston Scientific
02.1.2010
Hoffman Alvary would like to congratulate its clients Cordis Corporation, a Johnson & Johnson company, and the law firm of Patterson Belknap Webb & Tyler LLP on the $1.725 billion settlement with Boston Scientific related to certain litigations involving coronary stents. Click here to read the press release and court order.
This settlement is in addition to the $1.2 billion in judgments in favor of Cordis involving Boston Scientific and Medtronic related to certain other litigations involving coronary stents. That award comprised a $703 million judgment against Boston Scientific and a $521 million judgment against Medtronic. Click here to read the press release and court orders.
For the past decade, Hoffman Alvary provided has damages consulting advice and expert testimony on behalf of Cordis Corporation in these and related matters.
