Ex-OtisMed CEO Gets 2 Years For Illegally Shipping Devices

By Martin Bricketto (June 26, 2015, 6:16 PM EDT) -- The former president and CEO of Stryker Corp.'s OtisMed unit was hit with a two-year prison sentence in New Jersey on Friday for distributing knee-replacement surgery devices without proper clearance from the U.S. Food and Drug Administration.

The sentence that U.S. District Judge Claire C. Cecchi handed down for Charlie Chi follows his guilty plea in December to three counts of introducing adulterated medical devices in interstate commerce. The San Francisco resident admitted to orchestrating the intentional shipping of OtisKnee orthopedic cutting guides in September 2009 after the FDA denied the company's 501(K) application for permission to market the device....

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