UPDATED Nov. 27, 2012, with comment from Leerink Swann analyst Danielle Antalffy, closing share price.
American Medical Systems Europe BV recalled certain lots of its AdVance Male Sling Systems, warning that the absorbable sutures in the AdVance sling might not last as long as expected on the shelf.
U.S. Attorney’s office for Massachusetts dropped a years-long inquiry into allegations that Medtronic (NYSE:MDT) promoted off-label use for its biliary stents.
The Bay State feds told Medtronic Feb. 9 that the 3-year-old investigation is no longer active, according to a regulatory filing.
The probe began in June 2008, when the Fridley, Minn.-based med-tech company received a subpoena from the U.S. attorney’s office for doucments and data related to possible off-label marketing of the stents.