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OtisMed, Ex-CEO Cop To Distributing Device After FDA Denial

By Martin Bricketto (December 8, 2014, 6:51 PM EST) -- Stryker Corp.'s OtisMed unit will pay more than $80 million to resolve criminal and civil claims in New Jersey that it distributed knee replacement surgery devices without proper federal clearance — allegations that have also led to the guilty plea of OtisMed's former chief executive officer, prosecutors announced Monday....

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