health care industry

6:06 am
Fri October 25, 2013

Stryker will pay $13.2-million to settle charges over business practices

Lead in text: 
Kalamazoo company had been charged with violating the Foreign Corrupt Practices Act
  • Source: Mlive
  • | Via: Kalamazoo Gazette
KALAMAZOO, MI -- An investigation by federal authorities found that Stryker Corp. subsidiaries in five foreign countries made illicit payments and tried for several years to bribe doctors, health care professionals and government-employed officials in order to obtain or retain business. Stryker has agreed to pay more than $13.2 million to settle the charges.