1. Medtech Insight

Teleflex Subsidiary Faces Federal False Claims Investigation

 
• By Elizabeth Orr

Urology device developer NeoTract, which Teleflex purchased in 2017, is now under scrutiny for potential FCA violations. 

MAPLE GROVE, MN/USA - MARCH 17, 2018: Teleflex and Vascular Solutions corporate building. Teleflex is a provider of specialty medical devices for a range of procedures in critical care and surgery. - Image

The US Department of Justice is investigating Teleflex Medical subsidiary NeoTract, Inc. for potential False Claims Act (FCA) violations, the company revealed in a quarterly report filed 30 July.

In March, the DOJ asked Pennsylvania-based device company Teleflex for documents and information related to a single NeoTract customer, with...

Read the full article – start your free trial today!

Join thousands of industry professionals who rely on Medtech Insight for daily insights

  • Start your 7-day free trial
  • Explore trusted news, analysis, and insights
  • Access comprehensive global coverage
  • Enjoy instant access – no credit card required
Start Free Trial

Already a subscriber?

More from Business

More from Medtech Insight

Investors Urged To Prioritize Patient Engagement To Ensure Clients’ Products Succeed

 
• By Amanda Maxwell

To succeed in medtech, investors must focus on patient outcomes. Gilde Healthcare says involving patients boosts product effectiveness, access and market success — making it a smart strategy in today’s strained healthcare systems.

Corify Care, Mayo Clinic Join Forces To Advance AI-Driven Global Cardiac Mapping Platform

 
• By Shubham Singh

Corify Care’s CEO said the company aims to submit its 510(k) application to the US FDA by year-end, targeting market clearance in 2026. The company hopes its collaboration with the Mayo Clinic will help speed adoption of ACORYS, a noninvasive mapping technology for use in complex cardiac ablations.

European Hospital Products Sourced Through ‘System That Rewards Exploitation,’ Watchdog Finds

 
• By Shubham Singh

While European sustainability directives CSDDD and CSRD are still in the process of adoption, environmental group Swedwatch claims the EU's procurement framework is devoid of accountability.