Navigation Links
Boston Scientific Responds to DOJ Civil Lawsuit
Date:1/28/2011

NATICK, Mass., Jan. 28, 2011 /PRNewswire/ -- Boston Scientific Corporation (NYSE: BSX) today announced that yesterday afternoon, the Civil Division of the U.S. Department of Justice (DOJ) filed a civil False Claims Act complaint against Boston Scientific, Guidant LLC and other entities.  This complaint involves Guidant's conduct leading to the 2005 recalls of PRIZM™ 2 and RENEWAL® implantable cardioverter defibrillators (ICDs).  The Guidant conduct at issue took place from 2002 to 2005, well before Boston Scientific acquired Guidant in 2006.  The Criminal Division of DOJ initiated an investigation into this conduct in 2005, and that investigation resulted in a plea agreement between Guidant LLC and the Criminal Division of the DOJ in November 2009.  Shortly after reaching this plea agreement with the Criminal Division of the DOJ, the Company was notified that the Civil Division of the DOJ was initiating an investigation into whether Guidant should make an additional payment of a civil penalty under the False Claims Act.  This DOJ civil investigation has been disclosed in periodic SEC filings since that time.

The Company is disappointed that the Federal Government, after reaching a criminal resolution with Guidant LLC, has chosen to seek additional money in a civil lawsuit.  However, the Company believes that the ultimate resolution of this matter should not have a significant financial impact.

Boston Scientific is a worldwide developer, manufacturer and marketer of medical devices whose products are used in a broad range of interventional medical specialties.  For more information, please visit: www.bostonscientific.com.  

Cautionary Statement Regarding Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of Section
'/>"/>

SOURCE Boston Scientific Corporation
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3

Related medicine technology :

1. Boston Scientific Announces First Use of Blazer® Open-Irrigated Catheter in U.S.
2. Boston Scientific Begins Clinical Trial Enrollment in China for PROMUS Element™ Everolimus-Eluting Stent
3. Boston Scientific Completes Enrollment in EVOLVE Clinical Trial to Evaluate SYNERGY™ Drug-Eluting Coronary Stent
4. Boston Scientific Announces Agreement With Fukuda Denshi for Distribution of Cardiac Rhythm Management Products in Japan
5. Boston Scientific to Webcast Conference Call Discussing Fourth Quarter and Full Year 2010 Financial Results
6. Boston Scientific to Acquire Atritech
7. Boston Scientific Completes Enrollment in Clinical Trial Evaluating Next-Generation Nitinol Stent to Treat Iliac Artery Disease
8. Statement of Kenneth Stein, M.D., Chief Medical Officer, Cardiac Rhythm Management, Boston Scientific on JAMA Article
9. Boston Scientific Completes Acquisition of Sadra Medical
10. Stryker Completes Acquisition of the Neurovascular Division of Boston Scientific
11. Boston Scientific Completes Sale of Neurovascular Business
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/21/2014)... -- An International Trade Commission (ITC) ruling issued Friday held ... Taiwanese device manufacturer APEX continues to infringe ResMed patents ... is the innovation leader and pioneer in designing and ... "Our research and development teams are constantly ... comfort, performance and efficacy," said David Pendarvis , ...
(Date:7/21/2014)... July 21, 2014 Apex Medical Corporation (Apex, ... and Pressure Area Care sectors, announces that the United ... advisory opinion, determining that Apex,s newly designed XT series ... 220 mask are free from the patent claims asserted ... declares its plan of introducing an upgraded iCH water ...
(Date:7/18/2014)... Hanger, Inc. (NYSE: HGR ) announced today that ... quarter ended June 30, 2014, on Tuesday, August 5, 2014 ... results is scheduled to begin at 9:00 a.m., ET, on ... 1-877-662-6095. A replay will be available until Thursday, August 14, ... About Hanger, Inc. – Built on the legacy ...
Breaking Medicine Technology:ITC Rules Redesigned APEX Humidifier Still Infringes ResMed Patents 2Apex Medical's Respiratory Therapy Product Receives Affirmation from USITC 2
(Date:7/22/2014)... 22, 2014 A new and technologically ... laxity with results that are surprising even the most ... the skin with radio frequency, ThermiTight has been dubbed ... under the skin to “inject” heat to the tissues ... this single treatment solution for skin laxity produces results ...
(Date:7/21/2014)... to target and kill cancer cells could boost the ... help avoid amputation, a new study reports. , Scientists ... effectiveness of a genetically engineered version of the virus ... of the virus alongside isolated limb perfusion chemotherapy ... or leg as an alternative to amputation was ...
(Date:7/21/2014)... (PRWEB) July 22, 2014 Recently, Stwd.co.uk, a ... of cheap wedding dresses. Additionally, the company’s chief executive officer ... at discounted prices, up to 58% off. , “All our ... The special offer is launched to bring huge benefits to ... collection of cheap wedding outfits. By the way, we offer ...
(Date:7/21/2014)... USA (PRWEB) July 21, 2014 As ... Rappel Down Westin Hotel to Raise Addiction Awareness (7/15), ... by rappelling down a 27-story building in Downtown Philly. ... in the event at the Westin Convention Center Hotel. ... loved one's addiction. One man participated because his son ...
(Date:7/21/2014)... July 21, 2014 What do romance, ... have in common? You can find them all in ... novel's main character, Miranda, lives on Martha’s Vineyard with ... a wealthy New Yorker, and becomes entangled in a ... Heart challenges readers to think about what choices they ...
Breaking Medicine News(10 mins):Health News:New Minimally Invasive Procedure, ThermiTight, “Injects” Radio Frequency to Treat Skin Laxity 2Health News:Viral therapy could boost limb-saving cancer treatment 2Health News:Viral therapy could boost limb-saving cancer treatment 3Health News:2014 Cheap Wedding Dresses, Newest Items Offered by Professional Company Stwd.co.uk 2Health News:100 People Climb Down Building to Raise Drug Addiction Awareness in Philadelphia 2Health News:100 People Climb Down Building to Raise Drug Addiction Awareness in Philadelphia 3Health News:Thea Marsh Releases Debut Novel that Celebrates and Reaches out to Women Everywhere 2
... LAFAYETTE, Ind. - A nanoparticle growing in popularity as a ... according to a Purdue University study. Tested on fathead ... of toxicity on aquatic life -- nanosilver suspended in solution ... nanosilver was allowed to settle, the solution became several times ...
... ... healthy living and health care, there is a greater demand for online resources which provides ... and about health care. New Website, MeTheDoctor.com, gives readers resources they need to take charge ... ...
... ... and CEO of Novasys Medical Inc., will receive the Adaptive Business Leaders Organization (ABL)’s ... Innovations in HealthcareSM Awards Event, on April 28, in Newport Beach, California. , ... Santa Ana, CA (PRWEB) ...
... ... ... ... ...
... , ... ... ... ...
... March 2010 - Think back to your last fight with someone ... you behave? Conflict with a loved one often leaves a person ... these scenarios have become soap opera clichs. After an argument, ... a local bar to drown their sorrows in alcohol. These ...
Cached Medicine News:Health News:Popular nanoparticle causes toxicity in fish, study shows 2Health News:MeTheDoctor.com Helps Consumers Make Informed Decisions About Their Health 2Health News:Novasys Medical's Debra Reisenthel Named ABL's 2010 “Leadership in Innovation” Awardee 2Health News:Novasys Medical's Debra Reisenthel Named ABL's 2010 “Leadership in Innovation” Awardee 3Health News:National Hispanic Council on Aging Joins the Administration in Mission to Combat Medicare Fraud By Empowering Hispanics 2Health News:National Hispanic Council on Aging Joins the Administration in Mission to Combat Medicare Fraud By Empowering Hispanics 3Health News:National Hispanic Council on Aging Joins the Administration in Mission to Combat Medicare Fraud By Empowering Hispanics 4Health News:National Hispanic Council on Aging Joins the Administration in Mission to Combat Medicare Fraud By Empowering Hispanics 5Health News:AMA Honors California County Supervisor With Top Government Service Award 2Health News:AMA Honors California County Supervisor With Top Government Service Award 3Health News:Don't make that face at me! 2
... The SJM Tailor Flexible Band ... a convenient and time-saving alternative for ... It complements the SJM Tailor® Annuloplasty ... who usually implant full rings, but ...
This CLS number is a new product number, created to easily match Cornings product number. If showing no availability yet, please order under the old Sigma-Aldrich number (Z71,407-0) or contact custom...
Pipetman P is a fully adjustable, air-displacement pipette with the selected volume shown on a digital indicator (volumeter). Eight models cover the full range of volumes from 0.2 L to 10 mL....
... The AlphaPette Pipettor is the #1 ... Offers accuracy, comfort, and reliability. Continuously ... volume readout sub-micrometer. Easy interchangeable ejector ... tiny hands. Adjustable rapid pipet tip ...
Medicine Products: