Largest Dialysis Equipment Provider Agrees to Pay $250 Million to Settle Lawsuits

Originally published by Robert Kraft.

The New York Times reports that Fresenius Medical Care, “the world’s largest provider of kidney dialysis equipment and services,” announced that it “has agreed to pay $250 million to settle thousands of lawsuits from dialysis patients and their relatives claiming that the company’s products had caused heart problems and deaths.” The company “said…that the settlement would take effect only if 97 percent of all plaintiffs agreed to it by July.” The lawsuits “arose after Fresenius’s own medical office sent an internal memo to doctors in the company’s dialysis centers saying that failure to properly use one of the company’s products appeared to be causing a sharp increase in sudden deaths from cardiac arrest.”

From the news release of the American Association for Justice.

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