Stryker Biotech, a Stryker Corp. (SYK -0.9%) unit, pleaded guilty to misbranding a medical...

|About: Stryker Corporation (SYK)|By:, SA News Editor

Stryker Biotech, a Stryker Corp. (SYK -0.9%) unit, pleaded guilty to misbranding a medical device during its trial over charges it marketed an unapproved mixture of products for strengthening human bone growth. The guilty plea means Stryker Corp. CEO Stephen MacMillan won't have to testify. Stryker will also pay a $15M fine. (submitted by Holly Thompson)