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Orthopaedic Implant Co. launches intermedullary hip nail
The Orthopaedic Implant Company said today it launched its intermedullary hip nail system today. The system from Reno, Nev.-based OIC consists of short and long nails with a pre-loaded cannulated set...
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An artificial pancreas for hospital care: The Admetsys story
Admetsys, a Boston, Mass.-based start up is looking to take the math out of nursing, literally. The company has developed what it calls a first-of-its kind artificial pancreas for hospital and...
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MassDevice.com +3 | The top 3 medtech stories for January 25, 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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Appeals court tosses convictions of ex-ArthroCare CEO, CFO
A federal appeals court yesterday overturned the criminal convictions of 2 former executives at ArthroCare, ruling that a lower court was wrong to exclude some and admit other evidence in their trials....
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Minn. court resurrects lawsuit over Medtronic’s Covidien buyout
A Minnesota appeals court yesterday revived a lawsuit filed by Medtronic (NYSE:MDT) shareholders looking to block the mega-merger with Covidien that closed a year ago today. Medtronic paid $50 billion...
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Markey puts hold on Califf’s nomination for FDA chief
(Reuters) — Sen. Edward Markey (D-Mass.) yesterday put a hold on President Barack Obama’s nominee to head the FDA until the agency agrees to reform its process for approving opioid painkillers. Markey...
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Investor accuses HTWR of lying about FDA compliance
An investor in HeartWare International (NSDQ:HTWR) accused the implantable heart pump maker of lying about problems at a Florida plant that led to a warning letter from the FDA in 2014. The St. Paul...
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Medical device sales slide for Johnson & Johnson
Sales for Johnson & Johnson‘s (NYSE:JNJ) medical device business, the world’s largest medtech operation, slid for the 4th quarter and 2015, the healthcare conglomerate said today. J&J’s medical...
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Sales, profits rise for Philips Healthcare
Sales and profits for the healthcare division at Royal Philips (NYSE:PHG) rose for both the 4th quarter and full-year 2015. The Dutch conglomerate, which is looking to deal its legacy lighting business...
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Biotronik expands DCB line with CE Mark for Passeo-18 Lux
Biotronik said today it won CE Mark approval in the European Union for smaller sizes of its Passeo-18 Lux drug-coated balloon designed for treating peripheral arterial disease, specifically de novo and...
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Siemens Healthcare boosts Q1 profits, sales
Siemens (NYSE:SI) grew profits and sales for its healthcare business at a double-digit clip during its fiscal 1st quarter, as the German industrial conglomerate surprised observers with unexpectedly...
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Compression device dev Tactile Systems files for $86m IPO
Leg compression device developer Tactile Systems Technology is aiming for to get a leg up by going public, registering for an $86 million initial public offering, according to an SEC filing posted...
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Bionic pancreas dev Bigfoot Biomedical reels in $2.4m
Bionic pancreas developer Bigfoot Biomedical raised $2.4 million in a new round of debt financing, according to an SEC filing posted yesterday. The company, while staying mostly under the radar, is...
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Contego touts post-market data for Paladin balloon
Contego Medical today released preliminary data from a post-market registry study of its Paladin carotid post-dilation balloon that showed improved patient outcomes in individuals treated with the...
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Polyganics wins FDA 510(k) for Neurocap
Polyganics said today it won FDA 510(k) clearance for its Neurocap device, designed to reduce neuroma formation and facilitate tissue repair. Neuromas, also known as pinched nerves or nerve tumors,...
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Sanders joins Markey, puts hold on FDA chief nominee Califf
U.S. Democratic presidential candidate Bernie Sanders placed a hold on Barack Obama’s FDA nominee Robert Califf, stating Califf is too close to the pharma industry to be an impartial regulator....
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LifeImage picks up mammography medical exchange network Mammosphere
LifeImage said today it picked up national mammography and women’s imaging medical exchange network Mammosphere for an undisclosed amount. The acquisition will open up Mammosphere’s existing network,...
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ACT touts 1st-in-human trial for RF ablation tech
Advanced Cardiac Therapeutics said yesterday the 1st 12 patients have been treated using its open-irrigated radio frequency ablation technology to treat atrial fibrillation. The treatments were...
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Grisham inks medical novel focused on focused ultrasound; Calls it “most...
Bestselling author John Grisham has stepped out of the legal thriller genre to write The Tumor, a fictional tale centering around a very real medical technology: focused ultrasound. The book follows a...
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Boston Scientific sells Boston area warehouse to FedEx
Boston Scientific has sold 1 of its 2 North Quincy warehouses to FedEx, but will rent it from the shipping company through next year. The Marlborough, Mass.-based company said that despite having 2...
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