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.

Stryker logo

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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