Innovasis Settlement: A Cautionary Tale of Compliance in the Medical Device Industry
The Innovasis settlement has sent swells through the clinical gadget industry, featuring the basic significance of strong consistency programs. In May 2024, Innovasis Inc., a spinal gadget producer, alongside its organizer and President, Brent Felix, and previous CFO, Garth Felix, consented to pay $12 million to determine charges of disregarding the Misleading Cases Act by…