Tag: biomet
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Zimmer Biomet to settle bribery charges with U.S. prosecutors: filing
U.S. authorities will reach a settlement with medical device maker Zimmer Biomet Holdings Inc over bribery allegations in the next four weeks, prosecutors said in a court filing Thursday. The new agreement would replace a 2012 settlement with the U.S. Justice Department over allegations that Biomet paid bribes to state-employed healthcare providers in Argentina, Brazil…
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Ex-Insys executives arrested for bribing U.S. doctors to prescribe painkiller
Michael Babich, the Arizona-based drugmaker’s former chief executive officer, and others were charged with participating in a conspiracy in which bribes were disguised as marketing event and speaker fees. The case is the latest involving Subsys, a spray approved for managing pain in cancer patients that contains the synthetic opioid fentanyl, as authorities try to…
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A grim tally soars: More than 50,000 overdose deaths in US
More than 50,000 Americans died from drug overdoses last year, the most ever. The disastrous tally has been pushed to new heights by soaring abuse of heroin and prescription painkillers, a class of drugs …