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BRIEF-Orthofix concludes bone growth stimulator investigation
December 16, 2012 / 10:25 PM / 5 years ago

BRIEF-Orthofix concludes bone growth stimulator investigation

Dec 16 (Reuters) - Orthofix International NV : * Concludes bone growth stimulator investigation * It has resolved all matters related to the investigation of its bone growth

stimulation business. * Says as part of the resolution, the court imposed a five-year term of

probation, during which the co must continue to comply with the terms of its

previously-executed corporate integrity agreement * Consistant with previously announced agreement ,it will pay about $43 million

to resolve all civil and criminal matters, which included a plea to

obstruction of a June 2008 federal audit; charges were recorded in Q1 2011 * Says this final settlement also includes the resolution of a related qui tam

complaint filed against the co

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