Medtronic, Inc. (MDT) Spinal Faces Lawsuits Over Infuse Product
6/19/2013 8:00:01 AM
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Medtronic Inc. released the results of a third-party independent review of the company’s Infuse Bone Graft product conducted by Yale University. The study, which was started in 2011, follows a year of federal investigation on Medtronic’s payment of authors who wrote studies on Infuse. The investigation turned up no wrongdoing on the company’s part, but a set of 12 recently filed lawsuits against Medtronic in May, filed on behalf of a group of patients who were treated with Infuse, has the company preparing to defend itself again. Infuse was developed and is sold from the company’s Memphis-based spinal division. Company officials couldn’t go into specific details of the lawsuits, but released a statement standing behind Infuse and preparing to “vigorously defend it in court.”
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