Johnson & Johnson SEC Filing Reveals Hundreds of DePuy Pinnacle Lawsuits
Johnson & Johnson is beleaguered with lawsuits about the metal on metal hip replacement products from its medical device subsidiary DePuy Orthopaedics, Inc. In August 2010, Johnson & Johnson launched a massive recall of two of its DePuy ASR hip implants. The DePuy ASR XL Acetabular Hip System and the DePuy XL Hip Resurfacing System were recalled after multiple studies showed that the implants failed at an alarmingly high rate. The DePuy Pinnacle implants were never recalled, but an increasing amount of litigation alleges that the Pinnacle implants suffer from similar potential defects.
Johnson & Johnson's latest Form 10Q filing with the U.S. Securities and Exchange Commission (SEC) shows that the multifaceted corporation faces extensive litigation after the DePuy ASR hip recall and related litigation. The SEC requires public companies like Johnson & Johnson to file a Form 10Q quarterly report every three months. Form 10Q informs the investing public about the operation of the company in comparison to past quarters. In its latest Form 10Q filing, available on its corporate website, Johnson & Johnson admits that the number of personal injury lawsuits "continues to increase."
Johnson & Johnson faces personal injury lawsuits related to both its DePuy ASR and DePuy Pinnacle hip implants. The amount of DePuy ASR hip lawsuits increased significantly after the metal on metal hip implants were recalled. DePuy ASR hip implants have dramatically high failure rates. DePuy cited an unpublished study showing a 13% failure rate, which is more than double the typical rate for medical devices. Independent medical research has found a failure rate as high as 49%. DePuy ASR hip failures are linked to tissue damage, heightened levels of metal in the blood, and excruciating pain. Many patients had to undergo invasive revision surgeries, in which the failed implant may be removed and replaced.
The plaintiffs in DePuy Pinnacle lawsuits allege problems that are similar to the problems caused by DePuy ASR recalled hips. According to Johnson & Johnson's Form 10Q filing, there are 560 pending DePuy Pinnacle lawsuits seeking "substantial compensatory and, where available, punitive damages." Reports indicate that Johnson & Johnson may have quality control issues. Johnson & Johnson has instituted more than 50 product recalls in the past two years. The corporation faces lawsuits from the DePuy hips, as well as several pharmaceutical and medical device products.
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