Federal prosecutors said last week that Spiracur agreed to pay $3 million to settle charges that it paid kickbacks to U.S. Veterans Affairs Dept. physicians in return for using the Snap negative pressure wound therapy it just sold to Acelity. Sunnyvale, Calif.-based Spiracur admitted no wrongdoing in the settlement, but agreed to cooperate with the […]
U.S. Justice Dept. (DOJ)
Hospitals to pay $250m for ICD coverage violations
UPDATED Nov. 3, 2015, with comment from the Heart Rhythm Society. (Reuters) — Hundreds of U.S. hospitals will pay a total of more than $250 million stemming from allegations that they implanted cardiac devices in Medicare patients in violation of coverage requirements, the U.S. Justice Dept. said today. The 457 hospitals are from 43 states, the […]
Justice Dept., FTC probe Valeant’s Bausch & Lomb, Paragon lens operations
The U.S. Justice Dept. and the Federal Trade Commission are investigating Valeant Pharmaceuticals (NYSE:VRX, TSE:VRX) subsidiaries Bausch & Lomb and Paragon Vision Sciences, the Canadian drug maker said yesterday. The Justice Dept. is looking into payments Bausch & Lomb made to doctors using its Crystalens intra-ocular lens and Victus eye laser, Valeant said yesterday in a regulatory […]
Ex-OtisMed CEO Chi draws 2 years
The former CEO of Stryker (NYSE:SYK) subsidiary OtisMed, Charlie Chi, drew a 2-year prison sentence last week after pleading guilty to distributing knee replacement surgery cutting guides without FDA clearance, the safety bureau and federal prosecutors said last week. Stryker inherited the beef when it acquired OtisMed in 2009, later offering to pay $33 million to settle the […]
Justice expands endoscope ‘superbug’ probe
(Reuters) — The U.S. Justice Dept. subpoenaed 2 more manufacturers of medical scopes linked to deadly “superbug” outbreaks in recent weeks, USA Today reported, citing 2 sources familiar with the investigation. Last week, reports revealed 1 duodenoscope manufacturer, Olympus (TYO:7733), was being investigated by the federal agency, but the broader reach of the investigation, including subpoenas to other makers Fujifilm Holdings (TSE:4901) […]
BSX challenges patent | Medtech legal news for the week of May 18, 2015
Siemens settles federal beef for $6m
Globus: Synthes witness faked CV | Medtech legal news for the week of May 4, 2015
NuVasive settles Justice Dept. probe for $14m
NuVasive Inc. (NSDQ:NUVA) today said it agreed to pay $13.8 million to settle a U.S. Justice Dept. probe into possible healthcare fraud.