Stryker Corp Earnings Down 13% Due To Medical Device Recalls

According to Fox Business News, Michigan-based Stryker Corporation has reported a 13% drop in earnings due to numerous medical device recalls, including its Rejuvenate and ABG II modular-neck hip stems – now the subject of many product liability lawsuits against the company alleging that metal components cause fretting, and corrosion and may lead to metal poisoning.

Stryker Metal Poisoning

Stryker recalled its Rejuvenate and ABG II implant systems in 2012 after the U.S. Food and Drug Administration (FDA) received complaints about the systems fretting and corroding, which can cause damage to body tissues and result in metal poisoning and other serious hip implant side effects, such as:

  • Bone loss
  • Breakdown of muscles, tendons and soft tissue in and around the hip joint
  • Decreased mobility
  • Diminished quality of life
  • Pain and discomfort
  • Swelling and inflammatory reactions
  • Possible need for revision surgery

Stryker has a long history of recalls. In addition to the Rejuvenate-ABG II recall, the company pulled its Trident Acetabular PSL and Trident Hemispherical Cups off the market in 2008 after patients complained of squeaking, and the FDA accused Stryker of using “adulterated” parts and for failing to conform to Current Good Manufacturing Practices (CGMP) in its New Jersey and Cork, Ireland plants. Tens of thousands of patients were affected by the recalls, and their lawsuits are now progressing through the court system.

Hip Implant Lawsuits

If you received a Stryker hip implant and have suffered pain, swelling, squeaky joints, bone fractures or other problems, contact an experienced Stryker hip implant lawyer at The Driscoll Firm, LLC, to determine whether you might be entitled to compensation for medical bills, medical monitoring, lost income, physical and emotional pain and suffering and more. Let us help you understand your legal rights and options so that you can make an informed decision about whether taking legal action makes sense for you.

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