“Too big to fail? Not in the device industry. In fact, the two largest device companies to default in the last 30 years were taken down by product liability claims related to non-key products. That’s one takeaway from a report published earlier this year by Standard & Poor’s Ratings Services, ‘Mortality In Health Care: What Factors Lead To Default For Medical Device Companies.’ The authors examined causes of defaults in the medical device and supplies industry over the past 30 years,” according to MDDIonline.com. To read more on the findings, please visit: http://www.mddionline.com/blog/devicetalk/this-can-take-down-device-company-default-06-03-16?cid=nl.x.mddi08.edt.aud.mddi.20160604
