Medtronic, Inc. (NYSE: MDT) announced that the U.S. District Court of Delaware issued its ruling on post-trial motions filed by the parties in Edwards Lifesciences v. CoreValve, Inc. In its ruling, the Court denied Edwards Lifesciences’ request for a permanent injunction to prohibit Medtronic from manufacturing its CoreValve® System in the U.S…
This Boston Scientific Corp. subsidiary faces this fine as well as three years of probation as part of a case that began in 2005. The Associated Press/Los Angeles Times: Judge In Guidant Heart Device Case Says Company Must Pay Over $296M, Serve 3 Years’ ProbationBoston Scientific Corp…
Medtronic, Inc. has announced that the High Court in Seoul, Korea has found that the balloon kyphoplasty device made by Taeyeon Medical Co., Ltd. infringes a valid Medtronic patent and has ordered destruction of Taeyeon’s stock of the infringing device and related manufacturing equipment…
Wendy R. Fleishman, a partner in the national plaintiffs’ law firm Lieff Cabraser Heimann & Bernstein, LLP, announces that Estella M. Wahl and Terry Wahl have filed a personal injury lawsuit against DePuy Orthopedics, Inc., and its parent company, Johnson & Johnson, Inc…
The New York Times: AstraZeneca has settled a case and agreed to pay $520 million after federal investigations into its marketing practices for a schizophrenia drug, Seroquel. The announcement came Tuesday from Attorney General Eric Holder…
The New York Times: A legal case now pending asks a question increasingly faced by the medical world — “who should be held accountable when a company sells a flawed product that can injure or kill patients? Is it the company or the people who run it?” Five years ago, two cardiologists discovered that a company had been knowingly selling faulty heart defibrillators that…
United States Attorney Karen P. Hewitt announced that James Folsom was sentenced in federal court in San Diego to serve 51 months in custody and a $250,000 fine following his conviction on twenty-six felony counts relating to the sale of unapproved medical devices and the commission of offenses while on pretrial release. The Honorable John A…
Errors in the administration of injected (parenteral) medication occur with alarming frequency, and are a serious safety problem in intensive care units, concludes a large study published on bmj.com today. A previous study found that medication errors were frequent at the administration stage, so Dr Andreas Valentin and colleagues set out to examine this further on a multinational level.
Errors in the administration of injected (parenteral) medication occur with alarming frequency, and are a serious safety problem in intensive care units, concludes a large study published on bmj.com today. A previous study found that medication errors were frequent at the administration stage, so Dr Andreas Valentin and colleagues set out to examine this further on a multinational level.
Medtronic, Inc. (NYSE:MDT) today announced that a securities class action lawsuit against the company was dismissed by U.S. District Judge Richard Kyle of Minnesota. The complaint, which was filed initially by Stanley Kurzweil on behalf of all shareholders and amended on April 18, 2008 after consolidation with other similar shareholder suits, involved the company’s October 2007 withdrawal of its Sprint Fidelis defibrillator leads.