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Spectranetics avoids charges, settles for $5 million (access required)

by Rob Larimer

Published: December 29,2009

Time posted: 12:23 pm

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Colorado Springs-based medical device maker Spectranetics Corp. has agreed to pay $5 million to settle allegations that it illegally imported medical devices. Resulting from a September 2008 investigation, the U.S. Justice Department alleged that the company conducted a clinical study that failed to comply with federal regulations and promoted certain products for procedures for which the ...





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