ICU MEDICAL, INC. (NASDAQ:ICUI) Files An 8-K Other Events

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ICU MEDICAL, INC. (NASDAQ:ICUI) Files An 8-K Other Events
Item 8.01. Other Events

In connection with the Hospira Infusion Systems business that ICU Medical, Inc. (the “Company”) acquired in February 2017 from Pfizer, Inc., on April 18, 2017, the Company received a grand jury subpoena issued by the United States District Court for the Eastern District of Pennsylvania, in connection with an investigation by the U.S. Department of Justice, Antitrust Division. The subpoena calls for production of documents regarding the manufacturing, selling, pricing and shortages of intravenous (“IV”) solutions, including saline, sold by the Company and communications with competitors regarding the same. In addition, the New York Attorney General has previously requested that the Company provide information regarding business practices in the IV solutions industry. Both of these investigations relate primarily to time periods prior to the Company’s ownership of the IV solutions business. The Company will fully cooperate with the U.S. Department of Justice and the New York Attorney General on these investigations.

About ICU MEDICAL, INC. (NASDAQ:ICUI)

ICU Medical, Inc. is engaged in the development, manufacturing and sales of medical devices used in infusion therapy, oncology and critical care applications. The Company’s product line includes needlefree connection devices, closed system transfer devices (CSTD), needlefree closed blood sampling systems, disposable pressure transducer systems and hemodynamic monitoring systems. It operates through the segment, which is engaged in the development, manufacturing and sale of medical technologies used in infusion therapy, critical care and oncology applications. Its Infusion Therapy products include MicroClave and MicroClave Clear, Neutron, NanoClave, Clave and SwabCap. Its Critical Care products include Hemodynamic Monitoring Systems, Closed Blood Sampling and Conservation Systems, and Other Critical Care Products and Accessories. Its Oncology products include ChemoLock CSTD and components, ChemoClave CSTD and components and Diana hazardous drug compounding system.

ICU MEDICAL, INC. (NASDAQ:ICUI) Recent Trading Information

ICU MEDICAL, INC. (NASDAQ:ICUI) closed its last trading session down -1.00 at 146.30 with 80,036 shares trading hands.