TVM Settlement Amount Crosses A Billion For Endo

TVM Settlement Amount Crosses A Billion For Endo

Introduction

Two big transvaginal settlements amounts, announced by Endo International Plc., for the U.S. TVM cases takes the total settlement amount to over a billion. The first settlement news came in 2014 when Endo announced the establishment of a fund worth $830 million to settle a significant number of TVM cases. This August too, Endo has announced a whopping $775 million to settle roughly 22,000 lawsuits in the US. Quarter four of 2017 is targeted to begin issuing the settlement installment amounts that would continue until the end of 2019.