December 18, 2007

Feds Probe Medtronic's Sprint Fidelis

Posted at December 18, 2007 7:48 PM in .

At least three federal agencies are asking for information from Sprint Fidelis' manufacturer, Medtronic, including information about possible illegal payments to foreign doctors. The probes come at a time when Medtronic had to inform doctors about potential lead fractures in the Sprint Fidelis causing irregular electrical impulses to the heart.

The Securities and Exchange Commission is looking into the payments to doctors and the Justice Department wants to be copied on any material given to the SEC. The US Attorney's Office for the Eastern District of Pennsylvania is inquiring about gifts or payments to doctors relating to Medtronic's stents.

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