A federal judge in Texas yesterday tossed a lawsuit alleging that Medtronic (NYSE:MDT) fired an ex-sales rep for reporting False Claims Act, after the company inked a settlement agreement with the plaintiff. Judge Amos Mazzant of the U.S. District Court for Eastern Texas dismissed the case with prejudice after Medtronic and plaintiff Susan White said they settled the case on undisclosed terms, according […]
Sales
Stryker blasts DJO Global, ex-reps in poaching lawsuit
Stryker (NYSE:SYK) this week blasted orthopedics rival DJO Global in a poaching lawsuit claiming that DJO and a quintet of ex-sales reps gutted its Indiana sales territory and are looking to lure more of the former Stryker colleagues into leaving. The lawsuit aims “to stop the targeted raiding of its employees by its direct competitor […]
What do medical sales reps like most about their jobs?
Money and satisfaction are highly correlated Although medical sales reps report that relationships with patients and providers are the things they like best about their jobs, those who say they’re least satisfied with their jobs are also the ones who make the least, according to a survey of more than 1,400 reps.
Survey: Medical sales reps like the money, not their bosses
Although medical sales reps report that relationships with patients and providers are the things they like best about their jobs, those who say they’re least satisfied with their jobs are also the ones who make the least, according to a survey of more than 1,400 reps. The MedReps.com survey also reveals what medical sales reps […]
NuVasive loses $42m sales poaching case
A federal jury in California slapped NuVasive Inc. (NSDQ:NUVA) with a $41.8 million judgment after finding that the spinal implant maker poached sales reps from 1 of its distributors. Madsen Medical, a Nevada-based distributor, sued San Diego-based NuVasive in September 2013, after being fired in 2012. Owner Kris Madsen alleged that NuVasive breached its contract when it […]
Survey: Medtronic, J&J, Stryker repeat as best places for medtech sales reps
A familiar trio won bragging rights as the best places to work in medical device sales, according to a survey of medical sales reps by Medreps.com: Medtronic (NYSE:MDT), Johnson & Johnson (NYSE:JNJ) and Stryker (NYSE:SYK). More than 1,200 Medreps.com members voted in the survey, naming the same 3 companies as last year’s survey. Intuitive Surgical (NSDQ:ISRG) was named […]
Ex-Stryker sales rep must face trial in Biomet poaching spat
A former sales rep for Stryker (NYSE:SYK) must face breach of contract and breach of fiduciary duty charges in a legal battle with Zimmer Biomet (NYSE:ZBH), a federal judge in Michigan ruled yesterday. Stryker in 2013 sued a pair of former sales agents, Christopher Ridgeway and Richard Steitzer, accusing them of scheming to poach reps and […]
Appeals court: Ex-Orthofix rep broke non-disclosure pact
A former sales rep for Orthofix (NSDQ:OFIX) broke a non-disclosure agreement when he jumped ship for rival DonJoy Orthopedics (now DJO Global), a federal appeals court ruled yesterday. The rep, Eric Hunter, worked for Orthofix for 12 years before joining DonJoy in 2012. According to the appeals court, Hunter and another Orthofix rep named Bob Lemanski negotiated […]
The best cities for medical sales jobs
Medical sales jobs are available around the country, but like any job, the demand for medical sales reps varies from city to city. Which cities have the highest demand for medical sales reps, and which have the least amount of competition? This infographic, compiled by MedReps.com, a job board that gives members access to the […]
Want to make more as a medical device sales rep? Try HIT
Sales reps hawking health information technology products are the most well-compensated among medical sales reps, according to a survey of some 2,772 reps by MedReps.com. Sales reps in HIT made an average of $169,881 a year, with $85,405 as a base and another $84,476 in commissions, according to the April survey. Surgical device reps were […]
Whistleblowing ex-Covidien rep sues for wrongful termination
A former sales rep for Covidien‘s vascular business accused the company of wrongful termination after it fired him for blowing the whistle to the FBI on an alleged kickbacks scheme.