Stryker under investigation in Poland over bribery allegations

January 2, 2013 by MassDevice staff

Medical device giant Stryker is at the center of an investigation in Poland where the company is accused of a bribery scheme spanning around 100 individuals and more than 50 hospitals.

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Polish prosecutors accused medical device giant Stryker's (NYSE:SYK) regional division of running a bribery scheme to win contracts with local hospitals, according to an Associated Press report.

The allegations preceded a thorough investigation of Stryker's Poland arm, which included searches on offices and apartments in pursuit of evidence relating to deals forged by the company between 2003 and 2006.

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Investigators are looking for indication that Stryker representatives offered hospital leaders bribes in exchange for lucrative contracts, part of a kickbacks scheme believed to involve around 100 individuals and 51 hospitals, according to the AP report.

Stryker representatives declined to comment on the matter, noting that "as a matter of company policy, Stryker does not comment on legal matters."

The device maker has had a run of bad luck lately. Last month a Missouri federal court unsealed an off-label marketing lawsuit against Stryker and other pain pump makers, accusing them of explicitly marketing pain drug pumps for use in articulating joints such as the shoulder and knee, despite the FDA's rejection of the devices for orthopedic uses.

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