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Company: C.R. Bard Inc.
Current Parent Company:
Becton Dickinson
Parent at the Time of the Penalty Announcement:
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Recap of Ownership Changes:
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Penalty: $184,000,000
Year: 2011
Date: June 30, 2011
Offense Group: safety-related offenses
Primary Offense: drug or medical equipment safety violation
Secondary Offense: product safety violation
Mega-Scandal:
Medical Equipment Hazards
Violation Description: C.R. Bard announced that it would take a charge of $184 million to cover the cost of settling multi-district litigation involving alleged harms caused by its Kugel hernia patches.
Level of Government: federal
Action Type: private litigation
Court: District of Rhode Island
Civil or Criminal Case: civil
Case ID: 1:07md1842
Case Name: In Re: Kugel Mesh Hernia Patch Products Liability Litigation
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: USA
HQ State of Current Parent: New Jersey
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: medical equipment and supplies
Specific Industry of Current Parent: medical supplies
Source of Data:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.