Medtronic (MDT: 32.38 +0.78 +2.47%, vol: 4,830,575, 52wk: 30.85 - 56.97) the manufacturer of the Physio-Control Lifepak Defibrillators has signed a Consent Decree of Permanent Injunction with the FDA.
The Consent Decree is related to the Physio-Control’s AEDs (Automatic External Defibrillators). The Decree prohibits the manufacture, distribution, and export of specific model AEDs from the Physio-Control [...]

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When Medtronics(MDT: 32.39 +0.79 +2.50%, vol: 4,783,451, 52wk: 30.85 - 56.97) suspended shipments of its Physio Contol LIFEPAK Defibs in January 2007 the only reasons given were “quality control issues”.
Court Documents filed last week expose what Medtronics has been trying to hide. The FDA Injunction cites 11 Violations.
The Violations include:
Failure to investigate complaints involving the possible [...]

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