WebOct 27, 2012 · Four high-ranking Synthes executives ended up doing jail time for their role in illegally marketing Norian, despite allegedly being aware of the health risks it presented. Ironically, pharmaceutical giant Johnson & Johnson acquired Synthes specifically as a means of dealing with damage to J&J’s own reputation in the wake of what Fortune ... WebJun 23, 2016 · The bone cement was initially developed by a company called Norian, which Synthes bought in 1999 for about $50 million. Synthes, in turn, was acquired by J&J for $21.3 billion in 2012.
Swiss billionaire-backed green groups spent millions to target …
WebOct 4, 2010 · including Synthes and several former Synthes executives (charged in the original indictment), to conduct unauthorized clinical trials of Synthes’s medical devices, … WebDec 13, 2011 · The U.S. Department of Justice hasn’t proved that the cement caused the deaths, but the agency has said the deaths should have raised red flags at Synthes about the product’s safety risks. To settle the corporate charges, Synthes and Norian agreed to pay $23.2 million in fines, and Synthes sold Norian to Kensey Nash Corp. (KNSY). suddenly everywhere you look
Kensey Nash Buys Synthes
WebApr 6, 2024 · “Synthes and Norian, along with four top executives, were indicted in 2009 on charges of conducting unauthorized clinical trials despite warnings that the bone cement caused deadly blood clots. Norian agreed to pay a $22.5 million penalty, Synthes paid a $669,800 fine, and the executives went to prison,” the Associated Press reported at the ... WebJun 23, 2009 · The grand jury returned a 58-page criminal indictment on June 16 against Synthes, Inc., Norian Corporation and four Synthes executives: Mike Huggins, Tom Higgins, Richard Bohner, and John Walsh. Huggins was the President of Synthes North America during the time of the alleged felonies, and in February 2004 he became the President of … WebAug 18, 2016 · Norian has been a sad story for Synthes ever since Synthes bought the California-based Norian Corporation in 1999. By July 2003, adverse events began being reported and one patient death. Two more patients died in 2003 and 2004, and by January 2007, the FDA got involved and required labeling that said that Norian XR was not … suddenly everything tastes bitter