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Medical device company to pay $42 million to resolve US lead-testing defect charges

By Nate Raymond BOSTON (Reuters) - A medical device company has agreed to pay $42 million and plead guilty to resolve U.S. charges that it concealed a .

Mass. medical device company agrees to plead guilty, pay $42M to resolve criminal charges

Magellan Diagnostics admits that it misled customers and the FDA about a device malfunction that produced inaccurately low results in lead level blood tests for potentially tens of thousands of children and other patients.

Update Magellan Diagnostics to pay $42M to settle lead case

Mass. company to pay $42 million in wake of criminal coverup of medical device issue

Magellan Diagnostics, Inc. pleaded guilty to criminal charges for concealing a device malfunction. They now owe more than $42 million in fines.

Medical device company to pay $42 million to resolve US lead-testing defect charges