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I-Flow Corp., the Irvine, Calif.-based device maker, exceeded expectations with its quarterly results and says it expects to see an operating profit for the year despite a sharp increase in the number of product liability lawsuits filed against the company in July 2009. The company, which makes devices that deliver targeted anesthesia as an alternative to narcotics known as pain pumps, has a market value of $175 million.
Postoperative pain pump marketer I-Flow Corporation is facing more lawsuits, this time from a pain pump competitor over the package inserts I-Flow distributes about its On-Q pain pump. Zone Medical LLC claims I-Flow is misrepresenting latex exposure risks and putting patients and health care professionals at risk in order to gain commercial advantages.
Postoperative pain delivery system developer and marketer I-Flow Corporation may be facing lawsuits for needlessly injuring patients by instructing physicians to use their products incorrectly, but the company doesn’t seem to be suffering. The company recently announced that total revenue for the first quarter of 2009 has skyrocketed by 9 percent over the first quarter of 2008 – an increase of about $2.5 million, according to OC Metro.
Mathew McKeown, 23, of Blue Ash, Ohio, dreamed of playing pro ball. He was an all-city football player in high school and earned a scholarship to play for Miami. Making it to the NFL was just a matter of time.
But during a game in October 2006, McKeown’s left shoulder was injured while trying to recover a fumble. Doctors implanted the catheter of a On-Q PainBuster pain pump manufactured by I-Flow into his shoulder joint. For up to 72 hours, medication gradually dripped into his shoulder and slowly began eating away at the cartilage.
The On-Q PainBuster pain pump manufactured and marketed by I-Flow Corporation, is now being used by obstetricians and gynecologists to ease a woman’s pain caused from the incision made for Caesarean section deliveries and hysterectomies, according to the Fort Wayne, Indiana News-Sentinel.
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