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.