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Becton Dickinson to close the books on a $45 million antitrust lawsuit

November 23, 2012 11:29 am | by Mass Device | News | Comments

A New Jersey Judge grants preliminary approval for a $45 million settlement to resolve a years-long antitrust dispute against Becton Dickinson. Healthcare giant Becton Dickinson & Co. (NYSE:BDX) may finally close the books on a years-long lawsuit after a New Jersey judge authorized a $45 million settlement to the company's hypodermic product purchasers. Legal News, News Wellread more

FDA solicits comment on custom device review

November 23, 2012 10:29 am | by Mass Device | News | Comments

The FDA opens up for public comment its custom medical device review protocols, asking interested parties to offer perspective on a system that has had some recent snafus. The FDA is seeking public comment on its custom medical device exemption criteria following some changes implemented through the FDA Safety & Innovation Act, which was signed into law earlier this year. The proposed rules include 4 main tenets for fitting the definition of a custom medical device as well as limits on annual production and use. News Well, Food & Drug Administration (FDA), Regulatory/Complianceread more

Medbox Updates Financial Projections

November 23, 2012 9:44 am | by Bio-Medicine.Org | News | Comments

HOLLYWOOD, Calif., Nov. 23, 2012 /- Medbox, Inc. (Ticker: MDBX) ( www.medboxinc.com ), updated their financial projections for the periods through 2016. The move came after the recent votes in the states of Colorado and Washington to legalize marijuana, and a flood of requests for assistance came into Medbox from operators and potential operators in those states, looking for gu...

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WorldRad.com, an International Subsidiary of USARAD.com, Partners with European Teleradiology Firm Direct Diagnostic Alliance

November 23, 2012 9:00 am | by The Associated Press | News | Comments

MT. LAUREL, N.J.--(BUSINESS WIRE)--Nov 23, 2012--USARAD.com announces a Joint Venture between its international subsidiary WorldRad.com division and Direct Diagnostic Alliance headquartered in Barcelona, Spain. The Joint Commission-accredited USARAD.com U.S. board-certified American Board...

Volcano Corporation Signs Agreement to Acquire Sync-Rx Ltd.

November 23, 2012 8:43 am | by Bio-Medicine.Org | News | Comments

SAN DIEGO, Nov. 23, 2012 /- Volcano Corporation (Nasdaq: VOLC ), a leading developer and manufacturer of precision guided therapy tools designed to enhance the diagnosis and treatment of coronary and peripheral vascular disease, today announced that it has entered into a definitive agreement to acquire Sync-Rx Ltd., a privately-held company based in Israel that develops advan...

Mazor Robotics to Announce Third Quarter Financial Results on Tuesday, November 27, 2012

November 23, 2012 8:30 am | by The Associated Press | News | Comments

CAESAREA, Israel--(BUSINESS WIRE)--Nov 23, 2012--Mazor Robotics Ltd. (TASE: MZOR), a developer of innovative surgical robots and complementary products, today announced that it will release its financial results for the third quarter of fiscal 2012, ended September 30, on Tuesday, November 27,...

The IRS gears up to tackle Obamacare | MassDevice.com On Call

November 23, 2012 8:29 am | by Mass Device | News | Comments

The Internal Revenue Service has a hefty burden on its plate in preparing to handle a new slate of taxes and rules contained within President Barack Obama's landmark Affordable Care Act. MASSDEVICE ON CALL — The U.S. Internal Revenue Service should have its hands full in dealing with implementation of the new taxes and rules contained in the Affordable Care Act. The federal agency must handle more than 40 changes to the tax code as well as make sure appropriate recipients get new tax credits and individuals and businesses pay penalties for any non-compliance. News Well, 510(k) reforms, Medical Device Tax, On Callread more

Global Display Market Worth $164.24 Billion by 2017

November 23, 2012 8:00 am | by Bio-Medicine.Org | News | Comments

DALLAS, November 23, 2012 /- According to a new market research report, "Global Display Market (2012 - 2017) By Technology [E-Paper, OLED, LED, LCD, DLP, LCoS, Plasma], Type [Conventional, Flexible, Transparent, 3D], Applications [Consumer Appliances, Home Appliances, Automotive, Industrial, Healthcare, Others] & Geography" published by MarketsandMarkets ( www.market...

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Research and Markets: Mexico Orthopedic Devices Market Outlook to 2018 - Arthroscopy, Cranio Maxillofacial Fixation (CMF), Hip Reconstruction, Knee Reconstruction, Spinal Surgery, Orthobiologics, Trauma Fixation and Others

November 23, 2012 7:19 am | by The Associated Press | News | Comments

DUBLIN--(BUSINESS WIRE)--Nov 23, 2012--Research and Markets ( http://www.researchandmarkets.com/research/9l27mw/mexico_orthopedic ) has announced the addition of GlobalData's new report "Mexico Orthopedic Devices Market Outlook to 2018 - Arthroscopy, Cranio Maxillofacial Fixation (CMF), Hip...

Endotach sues Medtronic over stent graft patents

November 23, 2012 7:00 am | by Mass Device | News | Comments

Endotach LLC sues Medtronic, alleging infringement of a pair of patents covering stent graft technology by the medical device company's Talent, Valiant and Endurant devices. Medtronic (NYSE:MDT) infringes a pair of patents licensed to Endotach LLC with 3 of its stent grafts for treating abdominal aortic aneurysms, according to a lawsuit filed by Endotach against the medtech titan. The Frisco, Texas-based company holds the exclusive license to the duo of patents from their inventor's widow, according to court documents. Legal News, News Well, Patent Infringement, Stent Graftsread more

CDRH Fiscal Year 2013 (FY 2013) Proposed Guidance Development

November 23, 2012 12:00 am | by U.S. Food & Drug Administration | News | Comments

The lists below include guidance documents that CDRH intends to publish this fiscal year (FY2013). We have provided two lists: (1) a list of guidance documents that the Agency fully intends to publish (the ?A-list?); and (2) a list of guidance...

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bioMérieux and Quanterix sign strategic partnership

November 22, 2012 7:40 am | by I-Micronews | News | Comments

bioMérieux and Quanterix sign strategic partnership in Ultrasensitive and Multiplex Immunoassays.

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Nanotech device Mimics dog's nose to detect explosives

November 22, 2012 7:29 am | by I-Micronews | News | Comments

Portable, accurate, and highly sensitive devices that sniff out vapors from explosives and other substances could become as commonplace as smoke detectors in public places, thanks to researchers at University of California, Santa Barbara.

National Institute for Health and Clinical Excellence Recommends Covidien’s BIS Brain Monitoring System

November 22, 2012 4:00 am | by The Associated Press | News | Comments

BOULDER, Colo.--(BUSINESS WIRE)--Nov 22, 2012--Covidien, a leading global provider of healthcare products and recognized innovator in patient monitoring and respiratory care devices, today announced that the UK-based National Institute for Health and Clinical Excellence (NICE) recommends the use...

MEDIAN Technologies to take part in The Annual 2012 Conference of RSNA in Chicago

November 22, 2012 1:30 am | by The Associated Press | News | Comments

SOPHIA ANTIPOLIS, France--(BUSINESS WIRE)--Nov 22, 2012--Regulatory News: MEDIAN Technologies (Paris:ALMDT), a leading medical imaging software developer and service provider for oncology clinical trials and routine radiological practice, will participate in the 98 th Annual Meeting of the...

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