Sunday, September 26, 2010

Medtronic paid Army doctor $850k - Triangle Business Journal:

http://newsnoir.com/Edit_Stream_Workshop.htm
Fridley-based Medtronic (NYSE: MDT) it paid Dr. Timothh Kuklo for giving speechesa and training other doctors for the but did not at that time announce the amounts ofthosw payments. "We are making Dr. Timothy Kuklo's compensatiom information public ona one-time basis in the interesrt of transparency in this uniqu e case," Medtronic spokeswoman Marybetjh Thorsgaard said. Medtronic released the information in response to a requestffrom Sen. Charles Grassley, R-Iowa, a voca l critic of pharmaceuticaland medical-technology firms making paymentsx to doctors.
Kuklo worked as a staff physician at Walter Reed Army Medical Centert between 2000and 2006, and during a portiobn of that time, he was paid by Medtronic to provide training and education. After leaving Walter Reed, Kuklo signedc a general consulting agreement with Medtronicc inAugust 2006. He was placed on inactivde statuslast month. The Army has accusex Kuklo of falsifying research about aMedtronix bone-growth product called Infuse during the time Kuklop worked at Walter Reed in D.C. Medtronic did not pay for or participate in that Thorsgaard said.

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