Zimmer Biomet Gets Another FDA Warning Letter for Warsaw Plant

Posted in Medical Device

August 27, 2018 • 3 min read

In an SEC filing, Zimmer Biomet announced that they received a warning letter on August 24th from the FDA for "observed non-conformities with current good manufacturing practice requirements of the Quality System regulation" at their North Campus in Warsaw, Indiana....

RTG and Diabetes Lead the Way for Medtronic in Q1

Posted in Medical Device

August 22, 2018 • 3 min read

Medtronic released Q1 earnings yesterday, reporting revenue of $7.4 billion with .79 EPS and profit of $1.08 billion. While the overall growth wasn't spectacular, the two glaring highlights came from their Restorative Therapy Group and Diabetes division. ...

New Study Shows Small Percentage of Physicians Receiving High Compensation from Medical Device Companies Disclose Their Relationship

Posted in Medical Device

August 21, 2018 • 3 min read

Finding out how much your physician has received from a medical device company has never been easier. Anyone can go to the Open Payment website and type in their physician's name to see how much compensation they've received from industry sources. With the information being readily available, one would think those physicians would accurately disclose what they make from those industry sources. According to a new study from JAMA Surgery, this isn't the case at all. ...

Avinger Makes Small Steps in Turnaround Effort

Posted in Medical Device

August 14, 2018 • 4 min read

Avinger is down 6.5% in early morning trading after announcing earnings yesterday after the close. While the revenue numbers aren't earth shattering, it is apparent Avinger is working to control their expenses and start the process of expanding their sales team....

Medtronic Begins Pilot Study of Investigational Extravascular ICD System

Posted in Medical Device

August 09, 2018 • 2 min read

Medtronic plc (NYSE:MDT) today announced the start of a pilot study of its investigational Extravascular Implantable Cardioverter Defibrillator (EV ICD) system, in which a lead is placed outside of the heart and veins to deliver lifesaving defibrillation and antitachycardia pacing therapy all in one system, with a device size similar to transvenous ICDs....