Violation Tracker Individual Record

Company: 
Boston Scientific Corp.
Current Parent Company: 
Boston Scientific Corp.
Penalty: 
$74,000,000
Year: 
2005
Date: 
June 24, 2005
Offense Group: 
safety-related offenses
Primary Offense: 
drug or medical equipment safety violation
Violation Description: 

Boston Scientific agreed to pay $74 million to the United States to resolve an ongoing investigation concerning its 1998 distribution and subsequent recall of one of its coronary stent delivery systems.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
U.S. Attorney-District of Massachusetts
Civil or Criminal Case: 
civil
HQ Country of Parent: 
USA
HQ State of Parent: 
Massachusetts
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
medical equipment and supplies
Specific Industry of Parent: 
medical devices
Source of Data: 

BOSTON SCIENTIFIC AGREES TO PAY $74 MILLION TO RESOLVE ALLEGATIONS THAT IT SHIPPED ADULTERATED, MISBRANDED MEDICAL DEVICES, US Fed News, June 24, 2005 (via Nexis).

Source Notes: 
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Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.