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Analogic CEO Green steps away | Personnel Moves Nov 4, 2016
Analogic (NSDQ:ALOG) said late last month its prez and CEO James Green has stepped away from his position to pursue other opportunities. Company director and former Enovate Medical exec chair and CEO...
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Hemodialysis dev InnAVasc raises $2.2m
InnAVasc Medical said it raised $2.15 million in a new round of equity financing, according to an SEC filing posted today . InnAVasc is developing devices designed for vascular access during...
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Reshaped Philips targets higher sales and improved margins
(Reuters) – Royal Philips (NYSE:PHG), the healthcare equipment and services company, said it expects 4-6% sales growth and a 1% improvement in margins annually over the next few years. The mid-term...
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Update on Brazil’s new ownership transfer rules for medical device registrants
By Stewart Eisenhart, Emergo Group EMERGO SUMMARY OF KEY POINTS: ANVISA has clarified its ownership transfer rules for corporate operations such as mergers and incorporations of companies registered to...
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Medtronic joins Masimo CEO Kiani’s Patient Safety Foundation, pledges $5m
Despite being rivals in the blood oxygen diagnostic fields, Medtronic (NYSE:MDT) said it is joining Masimo (NSDQ:MASI) CEO Joe Kiani’s Patient Safety Movement Foundation with a $5 million, 5-year...
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Boston Scientific, University of Alabama settle CRM patent spat
Boston Scientific (NYSE:BSX) and the University of Alabama settled a patent dispute over cardiac rhythm management technology. The spat spans back to 2014, when the University of Alabama at Birmingham...
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CMS acting chief Slavitt slams drug pricing
Centers for Medicare & Medicaid Services acting chief Andy Slavitt admonished pharma companies like Mylan (NSDQ:MYL) over unsustainable price increases before the Biopharma Congress in Washington...
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Abbott wins Japanese approval for Absorb
Abbott (NYSE:ABT) said today it won approval from the Japanese Ministry of Health, Labor and Welfare for its Absorb bioresorbable heart stent, touting it as the 1st fully dissolving heart stent...
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Propeller wins FDA nod for connected GSK Ellipta inhaler
Propeller Health said today that it won 510(k) clearance from the FDA to market its Propeller platform with GlaxoSmithKline‘s (NYSE:GSK) Ellipta inhaler. A sensor for the dry powder inhaler was built...
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St. Jude wins CE Mark for MRI safe labeling for Quadra CRT-P
St. Jude Medical (NYSE:STJ) said today it won CE Mark approval in the European Union to add magnetic resonance imaging conditional labeling to its Quadra Allure MP cardiac resynchonization therapy...
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PAVmed partners with Boston institutions for antibiotic-eluting ear device
PAVmed Inc. (NSDQ:PAVMU) said today that it inked an exclusive licensing agreement with academic institutions to develop and commercialize antibiotic-eluting resorbable ear tubes based on an aqueous...
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Medical device tax rears its head in more Congressional races
Despite not getting much coverage during the U.S. presidential race, the Medical Device tax has become a hot topic for a handful of Congressional races across the country. The 2.3% medical device tax,...
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Clinton Foundation emails link BD with Russian program
A recently uncovered batch of emails related to the Clinton Foundation indicate that the group sought aid from medtech firm Becton Dickinson & Co. (NYSE:BDX) in helping the Russian Ministry of...
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First patient receives Pixium bionic vision implant
Pixium Vision (EPA:PIX) said today that the 1st patient in the UK was implanted with its IRIS II bionic vision system. The epi-retinal implant has 150 electrodes and a bio-inspired camera intended for...
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Flamel Technologies tops Q3 revenue, EPS estimate
Shares in Flamel Technologies (NSDQ:FLML) rose today after the pharmaceutical company met expectations on Wall Street with its 3rd quarter results. The Venissieux, France-based company posted a loss of...
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MassDevice.com +5 | The top 5 medtech stories for November 7, 2016
Say hello to MassDevice +5, a bite-sized view of the top five medtech stories of the day. This feature of MassDevice.com’s coverage highlights our 5 biggest and most influential stories from the day’s...
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Philips settles with Masimo for $300m, inks patient monitoring partnership
Masimo (NSDQ:MASI) said today that Royal Philips (NYSE:PHG) agreed to pay $300 million to resolve all outstanding legal disputes between the companies, with both inking a multi-year patient monitoring...
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Siemens picks up point-of-care interface dev Conworx Tech
Siemens Healthineers (NYSE:SI) said today it acquired Berlin-based point-of-care device interface and data management developer Conworx Technology for an undisclosed amount. Siemens will pick up...
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Researchers stunt growth of ovarian cancer with nanohydrogels
Researchers at the Georgia Institute of Technology have developed a targeted therapy using nanohydrogels to stunt the growth of ovarian tumors in in vivo tests in mice, according to a new study. The...
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Biotronik launches high energy Inventra HF-T ICD
Biotronik said today it launched the “ultra-high” energy Inventra HF-T, touting it as the 1st and only implantable cardioverter defibrillator available to deliver 42 joules in the 1st shock. The new...
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