Medtronic Owes $7M In Device Royalties, University Says
In a complaint filed against Medtronic Navigation Inc. and Medtronic Sofamor Danek Inc. in Missouri federal court, SLU said a 2007 audit by PricewaterhouseCoopers LLP revealed that the companies had been improperly calculating royalties on surgical navigation and imaging technology they license from the school.
Rather than paying 2.33 percent of their actual sales prices, as SLU...
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