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...
View ArticleStryker 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...
View ArticleIntuitive 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...
View ArticleThoratec 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...
View ArticleAppeals 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...
View ArticleHeartWare 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...
View ArticleGE 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...
View ArticleMassDevice.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...
View ArticleFDA 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...
View ArticleSt. 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....
View ArticleCDRH 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...
View ArticleLombard 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...
View ArticleiCad closes VuComp cancer portfolio buyout
iCad (NSDQ:ICAD) said today it completed its acquisition of VuComp’s cancer detection portfolio, including the M-Vu computer aided detection technology platform. The buy includes a library of related...
View ArticleEnteromedics lands $11M in 2nd convertible notes tranche
EnteroMedics (NSDQ:ETRM) said today it closed the 2nd tranche of the $25 million senior amortizing convertible notes offering it announced last November, bringing in $11 million. At the initial...
View ArticleALung Technologies raises $10.8 million
Artificial lung-like device developer ALung Technologies raised $10.8 million in a new round of debt financing according to an SEC filing posted this week. The money already raised in the round comes...
View ArticleUsing cloud-based computing to improve complex care
For children with complex medical needs, care coordination across medical specialties is a major pain point, as is communication across multiple provider systems. And patients aren’t the only ones...
View ArticleSenseonics registers for $52m IPO
Senseonics yesterday registered for an initial public offering worth up to $51.8 million as it gear up to get its Eversense implantable continuous glucose monitor on the market. Germantown, Md.-based...
View ArticleReport: Pfizer mulls sale of Hospira infusion pump biz
Pfizer (NYSE:PFE) is reportedly mulling a sale of the infusion pump business it acquired along with Hospira last year, aiming to focus on its core branded pharmaceuticals business. Hospira makes...
View ArticleHansen Medical seeks ‘strategic alternatives,’ shares soar then plunge
Share prices for Hansen Medical (NSDQ:HNSN) surged in pre-market trading this morning after the beleaguered robot-assisted surgery company said it’s seeking the proverbial “strategic alternatives.”...
View ArticleReport: Apple is making more medical device hires
Apple (NSDQ:AAPL) is reportedly looking to fill at least 4 new slots in its health technology business, having added some 5 people with medtech experience since October 2015. Last November, CEO Tim...
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