The year did not end on a high note for medical device company Coloplast (Minneapolis, MN), which has agreed to pay $3.16 million to settle a lawsuit alleging that it paid kickbacks to Liberator Medical Supply and a handful of other companies distributing its products. The federal whistleblower lawsuit was initiated by former Coloplast President Kimberly Herman and two insiders, who claimed that the company made illegal payments to Liberator Medical and other companies to entice them to refer individual users to Coloplast products, states a press release from the U.S. Tagging Options Domain: All Sites Keywords: Medical Polymers read more
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Medtech company Coloplast to pay $3 million in kickback lawsuit