Medtronic To Pay $40M To Settle Kickback Charges
The charges were brought by the Department of Justice, which claimed that between 1998 and 2003, Medtronic’s Sofamor Danek unit illegally paid doctors through false consulting agreements, sham royalty agreements and free vacations.
The government alleges that the kickbacks violated the Anti-Kickback Statute and the False Claims Act.
In addition to the $40 million payment, Medtronic will also launch an...
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