What remains to be seen is what type of sentencing awaits four Syntes executives who are to be sentenced sooner or later. By Wyss' standards, this is a spit in the bucket for one of the richest men in the world. I guess it goes to show you that money does buy you the best attorneys, whom cut the best deals. As for the four former and present executives, time will tell.
Monday, October 4, 2010
This Must Be Synthes Lucky Day
Hansjoerg Wyss is a Swiss National. But today, he must feel like he hit the Irish Sweepstakes. Just like the European Ryder Cup Team, the Weezer averted disaster today, Wyss and his beloved "Syntes" ( can you hear his lisp) dodged another bullet. It was reported in the LA Times that Syntes will pay a $23 million dollar fine for illegally testing Norian in 200 spinal patients, resulting in three deaths. In addition, Norian and Syntes pleaded guilty to criminal charges.