Stryker also received a subpoena on May 7 from the New Jersey attorney generals office requesting documents related to financial interest and compensation of doctors participating in certain clinical trials of the companys products. The subpoena came two days after the New Jersey attorney generals office announced it had reached a voluntary compliance agreement with spinal-device maker Synthes over its compensation of physicians participating in clinical trials. The office then indicated that it planned to send subpoenas to five other medical-device makers requesting information on similar business practices. Names of the companies have not been released, but Stryker indicated in its filing that other devicemakers had received similar subpoenas.
Stryker spokesman Patrick Anderson said the company would not comment on the FDA warning letter or the New Jersey attorney general subpoena beyond what was supplied in Mondays SEC filing.
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