8 March 2017 - A leading US medical device manufacturer says it can not offer cheaper products to Australians because of a "corrupting" government-sponsored price-fixing system ruled by "secret committees of lobby groups" operating like a criminal cartel.

The claims by California-based company Applied Medical – described as the "Specsavers" of the health industry – heap pressure on Health Minister Greg Hunt to introduce a more transparent pricing regime for medical devices.

Applied Medical has escalated its fight with Australia's medical establishment a year after losing a legal action aimed at opening up Australia's prostheses and medical device market to more scrutiny and competition.

Read The Australian Financial Review article