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‘Dark Money’ Casts Shadow As Industry, Legislators Push For Litigation-Funding Transparency

 
• By Lauren Nardella

AdvaMed is hopeful that legislation at the US federal and state levels will temper third-party litigation funding, which is wreaking havoc on the judiciary system and fostering mistrust of medical devices, it says.

• Source: Shutterstock

There is movement afoot in the US to improve transparency and set limitations on litigation financed by third parties, which has increased drastically in the past decade with costly implications for medical device manufacturers.

In fact, third-party litigation funding (TPLF) is the driving force behind most medical device litigation in the US, according to...

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