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Zimmer picks up soft-tissue company Cayenne Medical
Zimmer Biomet (NYSE:ZBH) said today it inked a deal to buy Scottsdale, Ariz.-based soft-tissue reconstruction solutions company Cayenne Medical. Warsaw, Ind.-based Zimmer Biomet did not release any...
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Questions surface about Palmaz Scientific’s fundraising
Palmaz Scientific, which filed for Chapter 11 bankruptcy protection last month, is reportedly embroiled in a dispute with Jefferies & Co. over its claim that the prominent investment bank was the...
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Biotronik touts long-term Linox ICD lead data
Biotronik today released long-term data from registry studies of its Linox and Linoxsmart implantable cardioverter defibrillator leads, touting the survival probabilities of over 95% at 4 and 5 years....
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Report: Intuitive Surgical settles product liability lawsuit ahead of verdict
Intuitive Surgical (NSDQ:ISRG) reportedly agreed to settle a product liability lawsuit filed over its da Vinci robot-assisted surgery system by a woman who claimed it caused her injuries during a...
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USTR convinces WTO to enforce ban on Chinese export subsidies
Medtech industry group Advanced Medical Technology Association today touted the decision of U.S. Trade Representative Michael Froman to challenge Chinese export subsidies with the World Trade...
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MassDevice.com +5 | The top 5 medtech stories for April 25, 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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Exactech wins FDA 510(k) for Vantage total ankle.
Exactech (NSDQ:EXAC) said today it won FDA 510(k) clearance for its Vantage total ankle designed to treat patients with arthritis in the ankle. The Vantage total ankle is designed for total ankle...
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Shareholders sue Alere to block Abbott buyout
(Reuters) – Diagnostics company Alere (NYSE:ALR) has been hit with a securities fraud lawsuit accusing it of artificially inflating its share prices ahead of the Feb. 1 announcement of its proposed...
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Urologix successor details dissolution plans
The successor to Urologix said today that it plans to completely dissolve during 2017, spelling the end for the Minneapolis-based urology device maker. Urologix, which made the Cooled ThermoTherapy and...
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AJRR inks deal with medical societies for collaborative joint registry
The American Joint Replacement Registry said today it is collaborating with the American Orthopaedic Association and the American Association of Hip and Knee Surgeons to create a joint registry through...
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Philips says IPO likely for legacy lighting biz
Royal Philips (NYSE:PHG) said today that it’s likely to float an initial public offering for its legacy lighting business, which would create the world’s largest stand-alone light maker. Philips, which...
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Boston Scientific wins FDA nod for MR-conditional ImageReady pacemaker line
Boston Scientific (NYSE:BSX) said yesterday that it won FDA approval for its ImageReady line of MR-conditional pacemakers, including the Accolade MRI and Essentio MRI pacers and the Ingevity MRI leads....
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C.R. Bard settles clutch of pelvic mesh lawsuits
A West Virginia federal judge yesterday dismissed nearly 150 product liability lawsuits brought against C.R. Bard (NYSE:BCR) over its pelvic mesh products, after an appeals court earlier this year...
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Lawsuit in Brazil allows some manufacturers to pay reduced ANVISA fees sooner
By Stewart Eisenhart, Emergo Group Following a successful legal case against the Brazilian government, some medical device manufacturers may now pay reduced registration and quality system inspection...
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Baxter gains on Q1 earnings beat, raised 2016 outlook
Baxter (NYSE:BAX) shares are up today after the healthcare giant posted better-than-expected 1st-quarter earnings and raised its outlook for the rest of the year. Profits for Deerfield, Ill.-based...
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FDA clears Intuity Medical’s Pogo glucose meter
Intuity Medical said today that it won 510(k) clearance from the FDA for its Pogo 1-step glucose meter. Sunnyvale, Calif.-based Intuity said the device is designed to combine the lancing, blood...
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Medtronic touts multi-trial In.Pact Admiral data
Medtronic (NYSE:MDT) today released a bevy of new data from clinical studies of its In.Pact Admiral drug coated balloon designed for treating peripheral artery disease. The Fridley, Minn.-based...
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Toshiba got the cash for its medical biz before the deal closed
Toshiba (TYO:6502) managed to book the $5.95 billion sale of its medical business to Canon (NYSE:CAJ) before the deal actually closed, by setting up a holding company with just $300 in assets to skirt...
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MassDevice.com +5 | The top 5 medtech stories for April 26, 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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A new frontier in the war on brain cancer with NovoCure chairman Bill Doyle
Novocure, the St. Helier, Jersey-based medical device company, which raised more than $158M in an IPO last year, is trying to change the way we fight cancer. Company officials say its proprietary...
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