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Albuterol Sulfate Inhalation Solution 0.083%, 3 mL Unit Dose Vials: Recall - Mislabeled Unit Dose Vials

January 3, 2011 10:35 am | by U.S. Food & Drug Administration | Comments

Potenial for dosing error leading to albuterol toxicity.

Rock Hard Extreme and Passion Coffee by Drive Total Energy: Recall - Undeclared Drug Ingredient

January 3, 2011 9:30 am | by U.S. Food & Drug Administration | Comments

Products marketed as dietary supplements contain undeclared analogue of sildenafil, a drug which may interact with nitrates found in some prescription drugs and lower blood pressure to dangerous levels.

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Stryker buys Boston Scientific neurovascular unit

January 3, 2011 8:45 am | by The Associated Press | Comments

Stryker Corp. said Monday it closed its $1.5 billion acquisition of Boston Scientific Corp.' neurovascular business.The neurovascular business is based in Fremont, Calif., and makes devices that are used to treat brain aneurysms and other vascular diseases that affect the brain. Its products...

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Sector Snap: Medical device makers in 2011

January 3, 2011 7:45 am | by The Associated Press | Comments

A William Blair & Co. analyst said Monday that 2011 will be a difficult year for medical device makers, but he predicted it will be a better year than 2010.Analyst Matthew O'Brien said revenue growth will increase because spinal procedure volumes will bounce back and demand for procedures on...

Caterpillar VP Joins SME Education Foundation Board

January 3, 2011 7:38 am | by Society of Manufacturing Engineers | Comments

DEARBORN, Mich., December 22, 2010 — David P. Bozeman, vice president, Caterpillar, Inc., Integrated Manufacturing Division, Peoria Ill, has been named to the 2011 SME Education Foundation Board of Directors. Bozeman joins four directors named this fall serving a two-year term...

Stryker Completes Acquisition of the Neurovascular Division of Boston Scientific

January 3, 2011 7:36 am | by Bio-Medicine.Org | Comments

KALAMAZOO, Mich., Jan. 3, 2011 /- Stryker Corporation (NYSE: SYK ) announced today the closing of its previously announced acquisition of the assets of the Neurovascular division of Boston Scientific, the global leader in the approximately $900 million worldwide neurovascular market,...

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Centre Partners Announces Successful Realization of Investment in Kaz, Inc.

January 3, 2011 7:36 am | by Bio-Medicine.Org | Comments

NEW YORK, Jan. 3, 2011 /- Centre Partners Management LLC ("Centre Partners"), a leading middle market private equity firm with offices in New York and Los Angeles, today announced the completion of the sale of Kaz, Inc. ("Kaz" or the "Company") to Helen of Troy Limited (Nasdaq: HELE). Kaz...

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Aetna finishes $500M acquisition of Medicity

January 3, 2011 6:45 am | by The Associated Press | Comments

Insurer Aetna Inc. said Monday that it completed its acquisition of health information exchange technology company Medicity.Hartford, Conn.-based Aetna said last month it would spend about $500 million to buy the Salt Lake City company, which develops systems that allow doctors and hospitals to...

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Leading IPTV provider Free deploys Movea?s MotionIC? in next generation remote controls

January 3, 2011 6:37 am | by I-Micronews | Comments

Movea?s SmartMotion? control creates opportunities to entice audiences and increase ARPU.

Manufacturing Sector Grows in December

January 3, 2011 6:36 am | by Material Handling Industry of America | Comments

Economic activity in the manufacturing sector expanded in December for the 17th consecutive month, and the overall economy grew for the 20th consecutive month, according to the latest Manufacturing ISM Report On Business®. Manufacturing continued

Boston Scientific Completes Sale of Neurovascular Business

January 3, 2011 6:35 am | by Boston Scientific | Comments

Company prepays $600 million of debt

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Penn Medicine Researcher Receives $6 Million Grant for Cardiovascular Disease Study

January 3, 2011 6:34 am | by University Of Pennsylvania | Comments

An international team of researchers led by Daniel J. Rader, MD, associate director of Penn Medicine's Institute for Translational Medicine and Therapeutics, has received a $6 million grant from the Paris-based Fondation Leducq to study the molecular genetics of atherosclerotic...

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Medical Device Technology Forecast 2008

January 3, 2011 6:31 am | by U.S. Food & Drug Administration | Comments

The primary purpose of the forecast is to help CDRH (and other medical device stakeholders) prepare for pioneering products that will pose new scientific questions and regulatory issues during the next decade. This preview it provides is intended to...

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Sun Healthcare buys Countryside Hospice

January 3, 2011 5:45 am | by The Associated Press | Comments

Health care facility operator Sun Healthcare Group Inc. said Monday it completed the buyout of Countryside Hospice Care Inc. for an undisclosed amount.Countryside is a privately-held, Medicare-certified hospice company based in Anniston, Ala. It provides services to about 200 hospice patients...

Medco Health says MemberHealth agreement will end

January 3, 2011 5:45 am | by The Associated Press | Comments

Pharmacy benefits manager Medco Health Solutions Inc. said Monday its agreement with a subsidiary of insurer Universal American to provide Medicare Part D prescription benefits management will end Dec. 31, 2011.The Franklin Lakes, N.J., company said the end of the contract with MemberHealth LLC...

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