Johnson & Johnson Cuts 3,000 Jobs To Revive Medical Device Unit As Transvaginal Mesh Lawsuit Numbers Grow

April 29, 2016 – – TheProductLawyers.com reports on a recent article by Fierce Medical Devices indicating that Johnson & Johnson is looking to cut 3,000 jobs in its medical device unit in order to save up to $1 billion in costs by 2018. According to the article, the cuts comprise about 6 percent of the company’s medical device unit and sales for their medical devices dropped 2.9% during the first 9 months of 2015.

The company, along with C.R. Bard, Cook Medical, Boston Scientific and Coloplast Corp has been facing thousands of lawsuits related to transvaginal mesh, one of their medical devices. The mesh, usually made of synthetic polypropylene, is typically used in pelvic organ prolapse or stress urinary incontinence procedures to support bulging organs and the urethra. The devices were first approved by the FDA in 1996 for stress urinary incontinence and then in 2002 for pelvic organ prolapse. Since then, the FDA has received thousands of adverse events reports and modified the device from “moderate risk” to “high risk.”

Many women have come forward claiming not only that the devices are defective and cause serious side effects but that the companies were aware of these flaws and did not attempt to remedy them. Plaintiffs in those cases have claimed that the devices cause bleeding, organ perforation, urinary tract infections, inability to engage in sexual intercourse, severe pelvic or vaginal pain, vaginal scarring, emotional problems, nerve damage, vaginal shrinkage and erosion of mesh through the vagina. There are currently over 70,000 cases filed in the U.S., some of which have resulted in millions of dollars in settlements for defendants.

As these cases are expected to accumulate, lawyers at Banville Law are working to ensure that those individuals who have been treated with transvaginal mesh are able to explore their legal rights fully. Qualifying individuals may be entitled to legal action and substantial financial compensation. The firm is currently offering free case evaluations for interested parties.

For more information, or to ask questions about transvaginal mesh, contact Banville Law by calling 877-671-6480.

###

Contact TheProductLawyers.com:

Banville Law
888-997-3792
info@banvillelaw.com
165 West End Ave #1h,
New York, NY 10023

ReleaseID: 60009681