Coloplast reaches settlement agreement in the U.S

COPENHAGEN, March 4 Tue Mar 4, 2014 6:06pm IST

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COPENHAGEN, March 4 (Reuters) - Danish healthcare products maker Coloplast said on Tuesday that it had reached a settlement agreement in principle with a group of lawyers on a number of claims against the company.

The settlement agreement concerns product liability insurance claims in the United States on the use of mesh for treatment of pelvic organic prolapse and stress urinary incontinence, the company said in a stock exchange announcement.

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