Device Makers Zimmer Holdings Inc.. DePuy Orthopaedics, Inc., Smith & Nephew plc (Jobs), Biomet Inc. (Jobs) to Pay $311M to Settle Kickbacks Probe

NEWARK, New Jersey, Sept 27 (Reuters) - Four medical device makers will pay a total of $311 million and agreed to federal monitoring to settle a government probe into consulting deals prosecutors said were made with surgeons to sway decisions on which hip and knee implants to give to patients. Zimmer Holdings (ZMH.N: Quote, Profile, Research), which will pay more than half the total, Johnson & Johnson (JNJ.N: Quote, Profile, Research) unit DePuy Orthopaedics, Smith & Nephew (SN.L: Quote, Profile, Research) and Biomet (BMET.O: Quote, Profile, Research) will pay civil settlements and avoid criminal prosecution by agreeing to reforms, U.S. Attorney Christopher Christie said on Thursday in New Jersey.

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