Ortho Firms Under Fire from Justice Department

Four orthopedics companies announced that they have received subpoenas from the Justice Department as part of a probe into possible antitrust violations, the Associated Press reports. The firms are Biomet, Johnson & Johnson's DePuy, Stryker Corp., and Zimmer Holdings. All saw their share prices drop yesterday. This could get ugly.

June 27, 2006

1 Min Read
MDDI logo in a gray background | MDDI

Four orthopedics companies announced that they have received subpoenas from the Justice Department as part of a probe into possible antitrust violations, the Associated Press reports. The firms are Biomet, Johnson & Johnson's DePuy, Stryker Corp., and Zimmer Holdings. All saw their share prices drop yesterday. This could get ugly.

Sign up for the QMED & MD+DI Daily newsletter.

You May Also Like