There have been rumors on our Depuy Synthes company forum that layoffs were on the horizon, and yesterday word got out that the company did, in fact, layoff their entire extremities sales force....
Medtronic has announced an agreement to acquire Titan Spine, a privately-held titanium spine interbody implant and surface technology company. ...
Boston Scientific today announced they are acquiring Vertiflex for up to $465 million in upfront cash and additional payments which are contingent on milestones over the next three years. Vertiflex was founded in 2005 and is best known for their Superion Indirect Decompression System...
On Tuesday, Bloomberg reported that Johnson & Johnson (JNJ) has agreed to pay approximately $1 billion to resolve 95% of the 6000 lawsuits claiming JNJ sold defective metal-on-metal Pinnacle hip implants which ultimately had to be removed....
The FDA issued a safety communication alerting providers and patients of three medical device reports where a Medtronic implantable pacemakers or CRT-P battery had fully drained because of a crack in the device's capacitor....
Medtronic announced they have received FDA approval for their CareLink SmartSync Device Manager, giving physicians the ability to use an Apple iPad to program and manager data from Medtronic's BlueSync-enabled implanted cardiac devices. ...
The FDA has approved Boston Scientific's VICI VENOUS STENT System for the treatment of iliofemoral venous obstructive disease. The stent system received CE Mark in 2013 and came over to Boston Scientific in their acquisition of VENITI....
Healthcare has benefited tremendously from information technology. Given the need for precision and the deadly consequences of seemingly tiny errors, IT has helped lower costs, increase efficiency and reduce mistakes in the medical industry. Nevertheless, for all the good that technology has done for medical device manufacturing, pharmaceutical production and hospital record management, it has introduced new challenges....
3M has agreed to buy San Antonio, TX medical device company, Acelity, in a deal valued close to $6.7 billion....
The FDA has granted Levita Magnetics an expanded indication to market their Levita Magnetic Surgical System for use in prostatectomy procedures. The system was initially indicated for use in laparoscopic cholecystectomy (gallbladder removal) and bariatric surgical procedures....