November 1, 2007
Implant makers make deal with prosecutors
Four major implant manufacturers made a deal with federal prosecutors to avoid prosecution related to kickbacks to surgeons. In the deal, announced Sept 27 by the US Attorney's office in New Jersey, the companies, including Zimmer, DePuy Orthopaedics, Biomet, and Smith & Nephew, also agreed to pay a total of $311 million to settle civil claims. They also agreed to corporate reforms and federal monitoring for 18 months.
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