Wednesday, April 17, 2013

Multimillion-Dollar Verdict Against Implant Maker

A Kentucky jury awarded more than $7 million to a cochlear implant recipient for getting a faulty device from Advanced Bionics in 2006, which is now owned by the Swiss company Sonova. This was a problem due to moisture within the HiRes 90K unit, a separate issue from the one that led to a worldwide recall in 2010. Sonova's stock was down in active trading following the decision. Sonova could appeal the decision.

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