Search Results for keywords:"Medical Technology Enterprise Consortium"

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Search Results: keywords:"Medical Technology Enterprise Consortium"

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  • 2025-02186 — Notice Pursuant to the National Cooperative Research and Production Act of 1993-Medical Technology Enterprise Consortium
    Type:Notice
    Citation:90 FR 8943
    Reading Time:about 2 minutes

    The Department of Justice's Antitrust Division has announced changes in the membership of the Medical Technology Enterprise Consortium (MTEC) under the National Cooperative Research and Production Act of 1993. This notice, filed on January 6, 2025, allows for the extension of limitations on antitrust plaintiffs' recoveries against consortium members. The recent additions include a variety of organizations, from AccelerMED LLC in Minnesota to Zeteo Tech, Inc. in Maryland. The group remains open to new members, and MTEC will continue to update the membership as necessary.

    Simple Explanation

    The Justice Department is sharing an update about a group called the Medical Technology Enterprise Consortium where new members have joined, like AccelerMED LLC and Zeteo Tech, Inc., and the group is still welcoming more people. This update helps protect the group from certain kinds of lawsuits as they work together on medical technology.

  • 2024-30411 — Notice Pursuant to the National Cooperative Research and Production Act of 1993-Medical Technology Enterprise Consortium
    Type:Notice
    Citation:89 FR 104210
    Reading Time:about 2 minutes

    The Medical Technology Enterprise Consortium (MTEC) filed notifications with the U.S. government about changes in its membership. This filing, done under the National Cooperative Research and Production Act, aims to protect the consortium from large antitrust lawsuits by limiting the damages they can be charged. The new members added to the consortium include companies and organizations from the United States, Canada, France, Australia, Israel, and the United Kingdom. MTEC continues to allow new members and will update the government on future changes.

    Simple Explanation

    The Medical Technology Enterprise Consortium made a special filing to tell the government about new members joining them from countries like the U.S., Canada, and France, which helps them avoid big lawsuits when working together on projects.