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Olympus slides on profit outlook despite swing to Q4, 2016 black

Shares in Olympus (TYO:7733) slid as much as -6.9% today before closing down -4.6% at roughly $33.67 (¥4,010.00), after the Japanese tech conglomerate said it expects lower sales and profits during its...

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Siemens Healthcare’s ‘Healthineers’ re-branding is widely panned

The re-branding of German conglomerate Siemens‘s (NYSE:SI) healthcare business as “Siemens Healthineers” – and the mandatory concert it threw for 44,000 employees – have drawn widespread scorn across...

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Ligand Pharmaceuticals pays $18m for CorMatrix assets

Ligand Pharmaceuticals (NSDQ:LGND) said this week that it’s getting into the medical device arena with the nearly $18 million acquisition of multiple tissue repair assets from CorMatrix. San...

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Federal appeals court denies Medtronic in Endotach stent graft patent case

A federal appeals court today declined to overturn a U.S. Patent & Trademark Office decision to deny Medtronic‘s (NYSE:MDT) bid for the review of a pair of stent graft patents licensed to Endotach,...

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Intarcia raises another $75m, touts top-line safety data in pivotal trial

Intarcia Therapeutics said today that it raised another $75 million in a debt financing round and touted the top-line cardiovascular safety data from the final phase in its clinical program for its...

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Dentsply Sirona beats expectations with post-merger Q1

Dentsply Sirona (NSDQ:XRAY) topped expectations with its 1st quarterly results since closing closing the $5.6 billion merger in February created the world’s largest dental equipment maker. York,...

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How Innovative Trauma Care wants to change the way wounds are closed

Innovative Trauma Care has found a new way to stop the bleeding. The San Antonio, Texas-based company’s It Clamp hemorrhage control system is designed to create a temporary pool of blood under...

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MassDevice.com +5 | The top 5 medtech stories for May 6, 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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MassDevice.com +5 | The top 5 medtech stories for May 4, 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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Masimo wins $36m Defense Dept. contract

Masimo (NSDQ:MASI) won a contract from the U.S. Defense Dept. worth nearly $36 million for its pulse oximeters. The 5-year deal calls for Irvine, Calif.-based Masimo to provide the devices to the U.S....

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What we mean when we talk about EvGen part II: Building out a national system...

By: Rachel E. Sherman, M.D., M.P.H., and Robert M. Califf, M.D. In an earlier FDA Voice blog post, we discussed a pair of concepts – interoperability and connectivity – that are essential prerequisites...

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Appeals court denies Biolitec in Angiodynamics spat

The 1st Circuit Court last week denied German medical laser maker Biolitec‘s (ETR:BIB) challenge to a Massachusetts federal court ruling which found for AngioDynamics (NSDQ:ANGO) and set possible...

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Abbott’s Tecnis Symfony intraocular lens clears pivotal trial

Abbott (NYSE:ABT) said today its Tecnis Symfony 1-piece acrylic intraocular lens met its primary endpoint in the pivotal trial of the device designed for cataract surgery. Data from the trial indicated...

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Philips optimistic about Cleveland plant despite Q1 losses

Royal Philips (NYSE:PHG) said it is optimistic it will see its Cleveland plant turn a profit this year, despite seeing losses increase during the 1st quarter. The company saw losses grow at the plant...

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MassDevice.com +5 | The top 5 medtech stories for May 9, 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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GI Dynamics touts new safety, efficacy data for EndoBarrier

GI Dynamics (ASX:GID) today touted new safety and efficacy data on its EndoBarrier device designed for weight loss, claiming meaningful improvements in hemoglobin A1c levels and weight reduction in...

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ReWalk Robotics touts reimbursement win for powered exoskeleton

ReWalk Robotics (NSDQ:RWLK) said today it won reimbursement coverage through a commercial health insurance plan which made changes to include powered exoskeletons for ambulation in patients with lower...

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NeoTract touts 4-year UroLift data

NeoTract today released the results from 2 randomized studies of its UroLift system designed to treat benign prostatic hyperplasia, touting “excellent” durability after 4 years. The data was presented...

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Health Canada extends compliance deadline for commercially reprocessed...

By Stewart Eisenhart, Emergo Group Health Canada, the Canadian medical device market regulator, plans to extend its deadline for commercially reprocessed devices to obtain Medical Device and Medical...

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Sterigenics International increases European ethlyene oxide capacity with...

Sterigenics International LLC, a provider of contract sterilization, gamma technologies and medical isotopes, and a portfolio company of Warburg Pincus and GTCR, announced expansion at their Wiesbaden,...

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