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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...

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Stryker 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...

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Intuitive 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...

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Thoratec 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...

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Appeals 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...

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HeartWare 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...

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GE 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...

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MassDevice.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...

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FDA 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...

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St. 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....

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CDRH 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...

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Lombard 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...

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iCad 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...

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Enteromedics 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...

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ALung 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...

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Using 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...

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Senseonics 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...

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Report: 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...

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Hansen 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.”...

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Report: 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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