November 2, 2020
Minnesota-based Medtronic has agreed to pay $9.2 million to resolve allegations that it paid kickbacks to a South Dakota neurosurgeon and failed to accurately report them, the Department of Justice has announced. The settlement resolves allegations that Medtronic paid for …
December 5, 2018
Medtronic Plc said on Tuesday it would pay $50.9 million to resolve U.S. Justice Department probes into how companies it later acquired marketed medical devices, including one meant to treat a vascular defect in the brain. As part of the …
August 6, 2014
The U.S. Treasury Department is examining unilateral actions to curb corporate inversions, reversing its position that only Congress has the authority to stop or slow the deals. About three weeks after Secretary Jacob J. Lew said officials had scoured “obscure …
May 21, 2014
Medtronic has agreed to pay more than $1 billion to settle long-standing patent litigation with fellow medical device maker Edwards Lifesciences over replacement heart valves. The Minneapolis company also said Tuesday a heavy charge from that settlement helped drop its …