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Feds join whistleblower probe of Vascular Solutions' alleged off-label scheme

Fri, 08/17/2012 - 4:22pm
Mass Device

Federal investigators join an investigation into Vascular Solutions, spurred by a whistleblower's allegations that the company engaged in off-label promotion and illegal kickbacks to sell its Vari-Lase varicose vein treatment devices.

Vascular Solutions' Vari-Lase venous disease treatment system

Vascular Solutions (NSDQ:VASC) is under investigation by the U.S. Attorney's Office for the Western District of Texas for alleged off-label promotion of its Vari-Lase venous disease treatment system.

The federal investigators joined a probe spurred by a whistleblower's allegations that the company engaged in off-label promotion and provided illegal kickbacks to physicians to sell Vari-Lase products, in particular the Vari-Lase Short Kit.

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