Johnson & Johnson Settlement Offer Solidifies
The Articulated Surface Replacement, or ASR, hip replacement device may cost Johnson & Johnson less than originally anticipated. After a reported tentative offer of over $4 billion, the lawyers for Johnson & Johnson reportedly went to work negotiating a new settlement offer at a reduced figure of $2.56 billion. However, the reduction does not tell the complete story, as separate suits could still be filed for pain and damages, which makes this a base figure…