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Monday, April 27, 2015

Medical device maker Medtronic reaches settlement with FDA

<span id="midArticle_start"/> (Reuters) - Medical device maker Medtronic Plc said it reached a settlement agreement with the U.S.Food and Drug Administration over one of the company's drugdelivery systems.

<span id="midArticle_0"/>The consent decree places some restrictions on the companyand outlines the steps it must take to address the FDA'sexpectations, the company said on Monday.

<span id="midArticle_1"/>The agreement does not require retrieval of any Medtronicproducts, the company said.

<span id="midArticle_2"/>(Reporting by Rosmi Shaji in Bengaluru; Editing by SrirajKalluvila)

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