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Judge extends block on HHS rule requiring disclosure of financial assistance...
A Texas federal judge today extended a block on a federal rule that would require dialysis providers to disclose any charitable assistance patients receive to insurers. The indefinite extension was...
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Inside the largest medical acquisition in history
Heather Thompson/Senior Editor Trust between Medtronic and Covidien officials helped them overcome the political blowback from the two companies’ $50 billion merger of equals, which moved Medtronic’s...
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Biogen beats Q4 earnings, misses on full-year rev forecast
Shares in Biogen (NSDQ:BIIB) rose this week after the biopharmaceutical company met expectations on Wall Street with its 4th quarter financial results, but pegged its full-year revenue forecast lower...
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Cardiovascular Systems shares steady on Q2 beat
Shares in Cardiovascular Systems (NSDQ:CSII) have stayed steady today after the medical device maker posted 2nd quarter results which topped expectations on The Street. The St. Paul, Minn.-based...
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FDA OKs Medtronic trial for In.Pact Admiral DCB in renal disease
Medtronic (NYSE:MDT) said today that the FDA approved its investigational device exemption application for a study to evaluate its In.Pact Admiral drug-coated balloon in patients with end-stage renal...
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Medtronic wins CMS coverage for Micra leadless pacer
Medtronic (NYSE:MDT) said today the U.S. Centers for Medicare and Medicaid Services released a National Coverage Determination which will cover leadless cardiac pacemakers, including the company’s...
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Verb Surgical debuts robot-assisted surgery prototype
Verb Surgical, Johnson & Johnson‘s (NYSE:JNJ) joint venture with Google parent Alphabet‘s (NSDQ:GOOGL) Verily Life Sciences, said today that it debuted its 1st digital surgery prototype to its...
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The ICH E6(R2) Addendum: An intro to the what and why of the changes
By Katie Mitchell Since finalization in May of 1996, the Guideline for Good Clinical Practice E6(R1) produced by the International Conference on Harmonization (ICH), has provided clinical trial...
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Report: Novartis eyes sale for Alcon lens business
Novartis (NYSE:NVS) said yesterday that it is considering selling its Alcon eye care business and will buy back up to $5 billion worth of shares over the next 12 months, in an effort to reorganize...
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Varian shares droop on Q1 miss
Shares in Varian Medical (NYSE:VAR) fell today after the medical device maker missed expectations on Wall Street with its 1st quarter earnings. The Palo Alto, Calif.-based company posted profits of $21...
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Temasek invests $800m, inks partnership deal with Verily
Verily Life Sciences, the medical arm of Google parent Alphabet (NSDQ:GOOGL), said today Singapore-based investment company Temasek invested $800 million as part of a partnership deal. As part of the...
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JDRF backs Bigfoot Biomedical with equity investment
The Juvenile Diabetes Research Foundation said today that its T1D Fund made an unspecified equity investment in Bigfoot Biomedical and the Smartloop automated insulin delivery system it’s developing....
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Johnson & Johnson’s earnings disappoint, but pharma rev climbs
Shares in Johnson & Johnson (NYSE:JNJ) fell this week after the company missed the consensus top-line forecasts but pulled off earnings beats for both the 4th quarter and 2016. Pharmaceutical sales...
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Avinger touts 2-year Pantheris study data
Avinger (NSDQ:AVGR) today released 2-year interim data from the pivotal Vision trial of its Pantheris system, touting high rates of freedom from target lesion revascularization. The study aimed to...
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Philips, Bon Secours Charity Health ink $180m, multi-year deal
Royal Philips (NYSE:PHG) and Westchester Medical Center Health Network’s Bon Secours Charity Health System said today that they signed a multi-year strategic partnership worth $180 million, aiming to...
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Medrobotics raises $20m for Flex system
Medrobotics, which developed the Flex robot-assisted surgery platform, said in a regulatory filing today that it raised some $20 million in an equity round. The Raynham, Mass.-based company won...
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Endo cuts staff in restructuring effort
Endo International (NSDQ:ENDP) said today that it will cut 90 full-time positions from its workforce in an effort to restructure its generics and U.S. branded pharmaceutical businesses. The company...
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MassDevice.com +5 | The top 5 medtech stories for January 26, 2017
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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DePuy Synthes wins FDA nod for Viper, Expedium pedicle screw systems
Johnson & Johnson (NYSE:JNJ) business DePuy Synthes said today it won FDA 510(k) clearance for its Viper and Expedium fenestrated screw systems intended to restore spinal column integrity in...
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Spinal disc replacement maker Axiomed raises $1m
Spinal device developer Axiomed has raised $1 million in a new round of equity financing, according to an SEC filing posted this week. The Malden, Mass.-based company produces the Freedom cervical disc...
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