Tag Archives: $80 million settlement

Medical Device Manufacturer Agrees to Pay $80 Million to Settle Civil and Criminal Charges

The maker of a surgical cutting guide intended for use in total knee replacement surgeries has agreed to an $80 million settlement with the U.S. Department of Justice for selling an adulterated medical device. According to the government complaint, OtisMed defrauded doctors and circumvented the FDA medical device approval process for its OtisKnee surgical… Read More »