Olympus to pay $646m to settle charges over device salesBMJ 2016; 352 doi: https://doi.org/10.1136/bmj.i1309 (Published 03 March 2016) Cite this as: BMJ 2016;352:i1309
- Michael McCarthy
Olympus Corporation of the Americas, the largest distributor of endoscopes in the US, has agreed to pay $646 million (£459m; €594m) to resolve criminal charges and civil claims related to a scheme to pay kickbacks to doctors and hospitals in the US and Latin America that bought the company’s products, the US Department of Justice announced on 1 March. Under a three year deferred prosecution agreement, the company will be able to avoid conviction if it complies with reform and compliance requirements.
In a statement, Olympus acknowledged the company’s responsibility for …