Law360, New York ( July 16, 2015, 12:11 PM EDT) -- According to recent news reports, a number of medical device manufacturers have begun to offer new types of product warranties to their hospital customers. These expanded warranty terms go beyond the mere offer to replace a product that fails to perform as promised within a specified time period. Some warranties will now cover the cost of revision surgery when a device fails. Others guarantee that a product will achieve certain clinical outcomes in a patient and some manufacturers will cover the cost of additional treatments where the product failed to perform as advertised....
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