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Dentsply, Sirona shareholders clear $5.56B merger
Dentsply International (NSDQ:XRAY) and Sirona Dental Systems (NSDQ:SIRO) said yesterday their shareholders “overwhelmingly” approved their proposed $5.56 billion merger. The companies said that...
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MassDevice.com +3 | The top 3 medtech stories for January 12, 2016
Say hello to MassDevice +3, a bite-sized view of the top three medtech stories of the day. This feature of MassDevice.com’s coverage highlights our 3 biggest and most influential stories from the...
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Moody’s: MDT’s $5B buyback ‘credit positive,’ but rating unchanged
Medtronic (NYSE:MDT)’s move to use some of its freed up $9.3 billion to repay debt is “credit positive,” but won’t change the medical giant’s rating or outlook, according to a Moody’s report published...
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NASDAQ to delist Perseon, CEO Carnell to take no pay
Perseon Medical Corp. (NSDQ:PRSN) said it received a notice from Nasdaq informing the company its stock will be delisted after a failure to comply with annual meeting rules, and announced its CEO...
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Sofinova spinout HealthQuest raises $175m fund
Sofinnova Ventures-spun out HealthQuest Capital is looking to raise $175 million for a new fund focused on the healthcare industry, according to an SEC filing posted this week. The firm looks to invest...
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Stryker pleural drainage device recall is Class I
The FDA this week labeled Stryker‘s (NYSE:SYK) Fuhrman & Pneumopericardial drainage set recall as Class I. The recall was issued over problems with the device breaking off in the pleural cavity...
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VC shops back managed healthcare in Docent Health play
(Reuters) – Three large U.S. venture capital firms are betting that hospitals will buy into a new service designed to help healthcare providers treat their patients more like upscale hotels treat their...
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Team NB survey shows fewer CE Mark certifications, more withdrawals since 2010
By Stewart Eisenhart, Emergo Group A recent survey of European Notified Bodies (NBs) shows that these organizations issued fewer CE Mark certifications for medical devices between 2011 and 2014 than in...
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Medtronic buys Baylis Medical’s OsteoCool after FDA nod for spine cancer device
Medtronic (NYSE:MDT) said today that it acquired Baylis Medical’s OsteoCool device for treating cancers that metastasize to the spine after the device won 510(k) clearance from the FDA last year. The...
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Stryker shares tick up on raised earnings outlook
Stryker (NYSE:SYK) shares ticked up today after the medical device company yesterday raised the low end of its earnings outlook and reported 4th-quarter preliminary results that met expectations on...
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Intuitive Surgical’s Q4 sales top expectations
Intuitive Surgical (NSDQ:ISRG) reported preliminary results for its 4th quarter that beat expectations on Wall Street, sending share prices up today. Sunnyvale, Calif.-based Intuitive said it expects...
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Thoratec sales exceed forecast for St. Jude Medical
Share prices for St. Jude Medical (NYSE:STJ) slid today after the medical device company missed forecasts for its 4th-quarter sales, despite a higher-than-expected contribution from its newly acquired...
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Appeals court hands J&J’s Ethicon a loss in stapler patent spat with Covidien
A federal appeals court today upheld a patent board’s decision to invalidate some claims in a surgical stapler patent owned by Johnson & Johnson (NYSE:JNJ) subsidiary Ethicon, following a challenge...
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HeartWare taps ex-Medtronic exec Oesterle for board | Personnel Moves
HeartWare International (NSDQ:HTWR) is looking to get in on Dr. Stephen Oesterle, an Ex-Medtronic (NYSE:MDT) exec who moved to the venture capital firm New Enterprise Associates last Sept., saying this...
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GE Healthcare joins $28m investment in new stem cell R&D facility
GE Healthcare (NYSE:GE) said today it is joining a $28 million (CAD $40 million) investment in a new advanced therapeutic cell technology center in Toronto. The healthcare giant is pairing with the...
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MassDevice.com +3 | The top 3 medtech stories for January 13, 2016
Say hello to MassDevice +3, a bite-sized view of the top three medtech stories of the day. This feature of MassDevice.com’s coverage highlights our 3 biggest and most influential stories from the...
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FDA warns ARB Medical on polymeric surgical meshes
The FDA this week released a warning letter it sent to ARB Medical concerning its production of polymeric surgical meshes. The agency knocked ARB Medical for marketing the product without appropriate...
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St. Jude Medical rejiggers sales reporting
St. Jude Medical (NYSE:STJ) said today that it plans to rejigger the way it reports its sales to better reflect its focus in managing the business, beginning this year. Little Canada, Minn.-based St....
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CDRH lists strategic priorities through 2017
The FDA’s Center for Devices and Radiological Health this week released a list of its strategic priorities for the upcoming year. The federal agency’s top goals for the year include establishing a...
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Lombard rises on prelims, expanding EU sales force and US drill down
Lombard Medical Technologies (NSDQ:EVAR) yesterday released preliminary estimates for its Q4 and fiscal year 2015, off slightly from estimates but shares rose with the news. The Irvine, Calif.-based...
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