According to confidential sources and a news report in Bloomberg, Coloplast A/S, has agreed to pay about $16 million to settle its transvaginal mesh lawsuits. Injured women who were implanted with the Danish mesh manufacturer’s vaginal-mesh inserts had filed personal injury claims against the company.
The Denmark-based Coloplast agreed in January to resolve about 400 suits over the plastic mesh implants which are designed to support internal organs. The settlement is said to provide an average payment of about $40,000 for each claimant.