Nearly four years after the Food & Drug Administration warned Boston Scientific Corp. (NYSE: BSX) that it was on thin ice, the medical device maker says the federal watchdog agency granted absolution on all issues raised in a 2006 warning letter.
In January of that year, the FDA sent then-CEO James Tobin and chairman Peter Nicholas a stern missive warning that multiple inspections of six plants around the country revealed "serious regulatory problems involving your medical devices."