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....
Apple's stock jumped over 6% after announcing better than expected second quarter earnings. While the iPhone and services were the focus of many analyst discussions, Apple's Wearables grew nearly 50% in the quarter, bringing the size of their Wearables business close to that of a Fortune 200 company. With the Apple Watch only four years old, this is a very impressive feat....
Medtronic announced the U.S. launch of the Solitaire X Revascularization Device, which mechanically removes blood clots from blocked vessels in the brain to restore blood flow in patients suffering an acute ischemic stroke with large vessel occlusion....
Cancer is characterized by an abnormal cell growth. Until recently, cancer therapies were mostly based on surgery, radiation and non-targeted chemotherapy. This latter technique generally induces important undesirable effects as it kills indistinctively a large number of fast-growing cells, including healthy ones....
The U.S. Department of Justice announced that Amgen and Astellas Pharma have agreed to pay almost $125 million to resolve allegations of False Claims Act violations by illegally paying the Medicare copays for their own products through copay assistance foundations....