Poly Implant Prothèse [SEP] inception
Poly Implant Prothèse
Poly Implant Prothèse (PIP) was a French company founded in 1991 that produced silicone gel breast implants. The company was preemptively liquidated in 2010 following the revelation that they had been illegally manufacturing and selling breast implants made from cheaper industrial-grade silicone since 2001 (instead of the mandated medical-grade silicone they had previously used). The hundreds of thousands of unapproved implants sold globally by PIP from 2001 to 2010 were found to have a 500% higher risk of rupturing or leaking than approved models,
PPI selling activities said that banks should refund €67m to the customers. Although Stanton Fisher managing director estimated it to be around €500m.
In 2015, Stanton Fisher represented numerous women with Poly Implant Prothèse (PIP) implants in UK and Ireland. The implant materials, made by French company, were used widely across the world from the mid-1990s and it emerged in 2010 that company had been using a grade of silicone intended for use in mattresses.