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News In Brief

This article was originally published in The Gray Sheet

Executive Summary

Orthofix settles foreign bribery charges. Cardiosolutions wins $8 million investment for mitral valve technology. OraSure plans $75 million stock offering. More news in brief.

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Regulatory News In Brief

Federal and state regulatory news updates.

Judge Weighs $42 Million Orthofix Settlement With Feds

Orthofix pleaded guilty to the felony of obstructing a federal audit and also has settled civil charges with the federal government. But the settlement will not be final until it is approved by a federal judge, who postponed his decision last week.

OraSure Preps October Launch Of First-Ever In-Home HIV Test

Firm gains PMA approval for OraQuick July 3, making it the first available HIV test that can be performed entirely in the home by untrained users.

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