Medtronic details its humanitarian sales to Syria, Cuba and Sudan to the U.S. Securities & Exchange Commission.
The U.S. Securities & Exchange Commission closed its review of Medtronic's sales to strife-torn Syria and Sudan and to Cuba, which the medical device company said are made on a humanitarian basis and amount to a small fraction of its total business.
The SEC asked Medtronic in January to explain its business contacts in the 3 nations, which are flagged as state sponsors of terrorism and are subject to U.S. economic sanctions and assets controls.
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