Merit Medical subject of DOJ inquiry into promotional practices

• In a regulatory filing, Merit Medical Systems (NASDAQ:MMSI) discloses that it received a subpoena from the U.S. Department of Justice (DOJ) on October 19 requesting documents and other information related to certain of its marketing and promotional practices. It intends to cooperate fully with authorities.
• The company markets proprietary disposable devices used in interventional, diagnostic and therapeutic procedures, mainly in cardiology, radiology and endoscopy.