Getinge AB To Discuss About the Entry Into a Settlement Agreement -- MDL Mesh Litigation Call Transcript
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Thank you very much, moderator, and thanks, everyone, who has been able to join the call with very short notice here. I wanted to provide a short summary of the announcement we made just a moment ago and then open up for Q&A.
So we can move directly to Page #2, please. So today's announcement in brief is that we have reached a settlement regarding the multi-district litigation, or MDL, linked to surgical mesh product liability in the U.S., where Atrium Medical Corporation has been the [Getinge's] party to this agreement. We're making a concluding provision of additional SEK 600 million related to this, and that's to cover the remaining costs for seeing this through.
The provision will be reported as an item affecting comparability, and it will impact the operating results for the fourth quarter of 2021. This settlement is not an admission of liability or wrongdoing by the company. That's important to be aware of as well.
We can move to Page #3, please. So the settlement agreement
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