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The Power of LEDs Inside Medical Devices

July 15, 2013 3:12 pm | by Chuck DeMilo, Global Director of Product Marketing, Lighting Business Group, Luminus Devices | Articles | Comments

The medical device industry is constantly changing. New technologies and products enter the market, replacing outdated or inefficient equipment. There are numerous benefits in using LEDs for medical illumination applications including longer life, less heat, dynamic control, lower energy consumption, and in many cases, lower cost.

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Exsurco Medical Launches Amalgatome MD - A Breakthrough Skin Recovery Device for Tissue Banks

July 15, 2013 1:08 pm | by PR Newswire | News | Comments

According to national statistics published on donorcare.org, more than one million skin grafts are performed each year, aiding burn patients and those requiring reconstructive surgery due to trauma and disease. Unfortunately, another 500,000 patients would benefit each year from skin grafts if enough skin were available.

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York Physicists Offer Novel Insight into Experimental Cancer Treatment

July 15, 2013 12:50 pm | by University of York | News | Comments

Magnetic hyperthermia is viewed as an attractive approach for the treatment of certain cancers as it has no known side effects compared to more conventional therapies such as chemotherapy. It is particularly suitable for the treatment of prostate cancer and brain tumors. However, until now there has been no clear theoretical understanding of how it actually works.

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Welch Allyn Introduces Two Connectivity-Ready Electrocardiograph Devices

July 15, 2013 12:36 pm | by Welch Allyn | News | Comments

Welch Allyn, a leading medical diagnostic device company that specializes in helping clinicians improve patient outcomes, today announced the availability of two connectivity-ready electrocardiograph devices in the United States. The Welch Allyn CP 150™ offers flexible report formatting, intuitive design and functionality.

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Sorin Group Signs Supply Agreement for Boston Scientific Lotus Valve System

July 15, 2013 12:00 pm | by Business Wire | News | Comments

Sorin Group, a global medical device company and a leader in the treatment of cardiovascular diseases, announced today the signing of a supply agreement for the manufacturing of certain components of the Lotus TM Aortic Valve System, Boston Scientific Corporation’s second-generation TAVR technology.

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Abbott Will Pay $560M to Acquire 2 Med Tech Firms

July 15, 2013 11:45 am | by The Associated Press | News | Comments

Abbott Laboratories announced Monday it would pay a combined $560 million to acquire two privately-held companies focused on coronary implants and laser-assisted eye surgery. The acquisitions of Idev Technologies and OptiMedica Corp will help the health care company expand its medical device offerings.

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Device tax, sluggish sales weigh on Boston Scientific, analysts say

July 15, 2013 11:44 am | by Mass Device | News | Comments

Analysts at Fitch Ratings affirmed a BBB- rating on Boston Scientific, predicting that cost-control efforts and new product launches won't be enough to make up for sluggish sales and the effect of the 2.3% medical device tax. "The healthcare reform-related 2.3% excise tax on U.S. device sales, which was implemented in January 2013, is expected to pressure margins by approximately 1 percentage point," according to Fitch.

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Philips, Indiegogo team up on $100,000 healthcare innovation contest

July 15, 2013 10:59 am | by Mass Device | News | Comments

Philips Healthcare (NYSE:PHG) and Indiegogo teamed up to offer $100,000 in prize money, to be doled out to winners of the Innovation Fellows Competition. The cash will be doled out to 5 startup companies, with the grand prize winner walking home with $60,000.

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Knee Cartilage Repair Technique Shows Improvement in Regeneration

July 15, 2013 10:38 am | by Hospital for Special Surgery | News | Comments

A natural tissue graft can spur regeneration of cartilage and improve symptoms in patients who have cartilage damage in their knee, according to a study by researchers from Hospital for Special Surgery. The new research, the first case-series evaluation of De Novo NT Natural Tissue Graft, will be presented at the annual meeting of the American Orthopaedic Society for Sports Medicine.

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Stentys' new CE Mark indications expand its potential PCI footprint

July 15, 2013 10:29 am | by Mass Device | News | Comments

Regulators in Europe handed Stentys SA (EPA:STNT) expanded indications for its self-apposing stent, opening up new potential patient populations. The Stentys treatment for acute myocardial infarction can now be used in patients with trickier cases, such as those with tapered, dilated or very large vessels or those with bypass grafts.

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Affordable Care Act Could Cause People to Leave Their Jobs

July 15, 2013 9:59 am | by Columbia University's Mailman School of Public Health | News | Comments

As a consequence of the Affordable Care Act, between 500,000 and 900,000 Americans may choose to stop working. That possibility is predicted in a new analysis of an analogous situation in reverse: the abrupt end of Tennessee's Medicaid expansion in 2005.

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Medtronic's insulin pump recall gets FDA's highest-risk label

July 15, 2013 9:59 am | by Mass Device | News | Comments

The FDA put its highest-risk label, Class I, on a recall of Medtronic's (NYSE:MDT) Paradigm insulin infusion pumps, which the medtech giant had warned about earlier this year. Medtronic Canada said last month that it received 2 reports on its Paradigm and Polyfin infusion devices, concerning the over- and under-delivery of insulin therapy.

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Ex-Pacer Invents Device to Prevent Knee Injuries

July 15, 2013 9:53 am | by Anthony Schoettle, Indianapolis Business Journal | News | Comments

Sitting in his car outside the home of billionaire Indiana Pacers co-owner Mel Simon, Jonathan Bender was thinking about the difference between "getting paid" and "developing a process to make money." In April, Bender launched a company based on an odd-looking device he invented to help others avoid the knee troubles that put an end to his promising NBA career.

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Welch Allyn Introduces Two Connectivity-Ready Electrocardiograph Devices in the United States

July 15, 2013 9:00 am | by Business Wire | News | Comments

Welch Allyn, a leading medical diagnostic device company that specializes in helping clinicians improve patient outcomes, today announced the availability of two connectivity-ready electrocardiograph devices in the United States. The Welch Allyn CP 150™ offers flexible report formatting, intuitive design and functionality.

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Abbott to Enter Laser Cataract Surgery Market through Acquisition of OptiMedica

July 15, 2013 8:30 am | by PR Newswire | News | Comments

Abbott has announced it has entered into an agreement to purchase OptiMedica Corporation, a privately held, Silicon Valley-based ophthalmic device company. The acquisition will enable Abbott to expand its vision care business into the femtosecond laser-assisted cataract surgery market.

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