As the gods of our beloved baby-boomer generation decay from this to that, blood pools in hundreds of millions of legs of this population bubble, veins get stretched, and the results are not aesthetically pleasing.
There’s gold to be mined in those veins if you can figure out a way to corner the market on fixing them.
According to the U.S. Department of Justice, only a competitor, VNUS, of Plymouth, Minnesota-based Vascular Solutions, has an FDA-approved treatment of an “endovenous medical device” for treatment of “perforator veins.”
Vascular Solutions, however, allegedly with the help of kickbacks to providers, has been promoting an off-label use of a Vascular Solutions procedure (Vari-lase laser ablation) as an alternative to the VNUS procedure. Vascular Solutions faces a formidable foe in the firm of Stone & Magnanini, teamed up with the U.S. Department of Justice, representing the whistle-blower, Desalle Bui, a former Vascular Solutions Account Manager in this recently unsealed federal case venued in the Western District of Texas.