Say hello to MassDevice +3, a bite-sized view of the top three med-tech stories of the day. This feature of MassDevice.com’s coverage highlights our 3 biggest and most influential stories from the day’s news to make sure you’re up to date on the headlines that continue to shape the medical device industry.
If you read nothing else today, make sure you’re still in the know with MassDevice +3.
3. Covidien forebear Tyco pays $26M to settle overseas bribery beef
Tyco International, forebear of medical device industry titan Covidien, settles a federal bribery probe for $26 million after investigators find that Tyco Healthcare used illegal payments to influence doctors and public health professionals in Saudi Arabia, China and Poland.
2. Stryker settles derivatives suits for $1.5M
Medical device company Stryker agrees to pay $1.5 million in legal fees to settle a pair of derivatives lawsuits.
1. U.S. medtech lobbies join forces to blaze trails in China
The Medical Imaging & Technology Alliance and the Advanced Medical Technology Assn. join forces to reduce medical device trade barriers with China.
