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Throw the Book at Them

FDA announced that two executives of AbTox (Mundelein, IL) were convicted in April of fraudulently selling unapproved surgical sterilizing devices that led to serious eye damage for 18 patients.

Ross Caputo, president and CEO, and Robert Riley, vice president of regulatory affairs, were convicted of three counts of wire fraud, four counts of mail fraud, seven counts of selling an adulterated or misbranded human medical device, and conspiracy to defraud FDA. Two other executives pled guilty earlier. Sentencing will be at a later date, but let's hope the penalties are stiff. The defendants showed reckless disregard for public health while in pursuit of financial gain. The healthcare system would break down if enough companies behaved that way.  

 

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