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The Lead

Medtronic-Covidien Transaction Gains Key Clearances

December 1, 2014 9:17 am | by Medtronic | News | Comments

Medtronic, Inc. and Covidien plc have announced the receipt of U.S. Federal Trade Commission (FTC) clearance of Medtronic's proposed acquisition of Covidien. "This regulatory clearance represents an important milestone in bringing our companies...

2014: The Year of Healthcare M&As

November 24, 2014 12:04 pm | by Linda A. Johnson and Steve Rothwell, AP Business Writers | News | Comments

Some big, U.S. pharmaceutical, biotech and medical device companies have been trying to acquire...

$514 Billion in Global MedTech Sales by 2020

October 6, 2014 10:49 am | by Evaluate Ltd. | News | Comments

The medical technology sector is expected to grow at a compound annual growth rate of 5 percent...

Infographic: MedTech World Preview 2014

October 6, 2014 10:47 am | by Evaluate Ltd. | News | Comments

2014 marks a year of rapid change for the global medical device market, particularly within the...

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Ideal Cordless Ultrasonic Dissection Device for Each Patient and Procedure

September 18, 2014 10:53 am | by Covidien plc | News | Comments

Covidien plc today announced the expansion of its Sonicision Cordless Ultrasonic Dissection Device portfolio, following U.S. Food and Drug Administration 510(k) clearance of three additional device lengths: 13 cm, 26 cm, and...

Covidien Announces Start of Enrollment in Two Neurovascular Clinical Trials

September 16, 2014 10:11 am | by Covidien | News | Comments

Covidien plc announced today the start of enrollment in two clinical trials designed to further underscore the safety and effectiveness of the company’s advanced neurovascular solutions. Baptist Medical Center in Jacksonville, Florida, treated...

Covidien Acquires Venous Disease Treatment Developer Sapheon

August 28, 2014 10:43 am | by Business Wire | News | Comments

Covidien plc has announced that it has acquired Sapheon, Inc., a privately-held developer of venous disease treatments. Financial terms of the transaction were not disclosed. Based in Morrisville, N.C., Sapheon develops and...

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Covidien Acquires Reverse Medical Corporation

August 22, 2014 9:12 am | by Business Wire | News | Comments

Covidien plc has announced it has acquired Reverse Medical Corporation, a privately held medical device company focused on expanding the management of vascular disease. Financial terms of the transaction were not disclosed. “Covidien is focused...

FDA Approves Changes to Manufacturing Process for Covidien’s Pipeline Embolization Device

August 21, 2014 10:48 am | by Covidien | News | Comments

Covidien plc (NYSE: COV) today announced that the U.S. Food and Drug Administration (FDA) has approved changes to the manufacturing process for the polytetrafluoroethylene (PTFE) coating on the delivery wire of the company’s...

Covidien Opens Advanced Medical Technology Center in Brazil

August 21, 2014 10:36 am | by Covidien | News | Comments

Covidien plc (NYSE: COV) today officially opened its Covidien Center of Innovation Brazil (CCI Brazil), further expanding its educational and research capabilities in a key emerging market. The CCI will help educate clinicians in... 

Tax Savings Not Only Benefit to Medtronic-Covidien Deal

August 19, 2014 10:37 am | by The Associated Press | News | Comments

US-based Medtronic said it would purchase Ireland-based Covidien for $42.9 billion, combining two of the world's biggest medical device makers and helping Medtronic savings with a headquarters change.  Kalorama estimates the deal will come...

Covidien Makes Liver Tumor Ablation More Predictable

July 16, 2014 9:01 am | by Business Wire | News | Comments

Overcoming a significant roadblock to predictable ablation of soft tissue, Covidien plc has unveiled an advanced ablation system that offers physicians predictable results regardless of the target location or tissue type. The Emprint Ablation...

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Covidien Launches Self-Expanding Peripheral Stent in Australia and New Zealand

July 10, 2014 9:24 am | by Business Wire | News | Comments

Covidien plc today announced the launch of its EverFlex Self-expanding Peripheral Stent with Entrust Delivery System in Australia and New Zealand. The latest version of the EverFlex stent features the new Entrust Delivery System, which enables...

Covidien Launches Next-Generation Trellis Peripheral Infusion System

July 9, 2014 2:30 pm | by Business Wire | News | Comments

Covidien today announced the commercial launch of its next generation Trellis peripheral infusion system. The redesigned system continues to be the only pharmacomechanical thrombolysis device that enables focused treatment of blood clots...

Advanced Wound Care Products Market Nears 19 Billion

June 26, 2014 2:14 pm | by Kalorama Information | News | Comments

According to Kalorama Information, the worldwide wound care market reached revenues of $18,851.0 million in 2013. The healthcare market research publisher says that represents growth of 6% from the previous year. Revenues were based on sales...

GlobalData Analysts: Strategic Benefits, Not Tax Avoidance, the Main Motivation for Medtronic Megadeal

June 24, 2014 2:08 pm | by GlobalData | News | Comments

Medtronic’s $42.9 billion merger with Covidien, which created last week the world’s largest medical devices company, was primarily motivated by future market gains rather than tax inversion, according to analysts with research and consulting...

Covidien Launches Pipeline Flex Embolization Device in Europe

June 24, 2014 10:17 am | by Business Wire | News | Comments

Further strengthening its broad line of neurovascular products to treat unruptured brain aneurysms, Covidien plc announced the European launch of its Pipeline Flex embolization device at the annual Live Interventional Neuroradiology &...

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Covidien Files Patent Infringement Lawsuit over Ethicon's Ultrasonic Surgical Devices

June 24, 2014 10:07 am | by Business Wire | News | Comments

Covidien has announced that it filed a lawsuit in the U.S. District Court for the District of Connecticut against Ethicon Endo-Surgery, Inc., a Johnson & Johnson company. The lawsuit alleges that Ethicon’s latest ultrasonic surgical...

Tax Savings Not Only Benefit to Medtronic-Covidien Deal

June 18, 2014 3:53 pm | by Kalorama | News | Comments

U.S.-based Medtronic said it would purchase Ireland-based Covidien for $42.9 billion, combining two of the world’s biggest medical device makers and helping Medtronic savings with a headquarters change. Kalorama estimates the deal will come...

Medtronic to Buy Covidien

June 16, 2014 9:10 am | by Josh Boak, AP Business Writer | News | Comments

U.S. medical device manufacturer Medtronic has agreed to buy Ireland-based competitor Covidien for $42.9 billion in cash and stock. The combined company would have its executive offices in Dublin, where it could benefit from Ireland's lower...

Covidien Announces CE Mark of Nellcor Respiration Rate Technology

June 3, 2014 2:54 pm | by Business Wire | News | Comments

Covidien plc, a leading global provider of health care products and recognized innovator in patient monitoring and respiratory care devices, today announced the European commercial launch of its Nellcor Respiration Rate System. In addition...

Covidien Releases Two-Year Study Results Demonstrating Sustained Effectiveness of Drug-Coated Angioplasty Balloon Technology

May 22, 2014 2:19 pm | by Covidien | News | Comments

Covidien’s Stellarex drug-coated angioplasty balloon (Stellarex DCB) continues to be shown as safe and effective for treatment of peripheral arterial disease (PAD), according to new 24-month data released today from the company’s ILLUMENATE...

Covidien Opens Advanced Medical Training and Research Center in Turkey

May 7, 2014 11:49 am | by Covidien | News | Comments

Further expanding its training and research capabilities in emerging markets, Covidien plc, has officially opened its Covidien Center of Innovation Turkey (CCI Turkey). Located in Istanbul, the new facility offers clinicians in Turkey and...

Covidien Gets FDA 510(k) Clearance for Kangaroo Feeding Tube with IRIS Technology

April 14, 2014 11:20 am | by Covidien | News | Comments

Covidien today announced U.S. Food and Drug Administration 510(k) Clearance for the Kangaroo feeding tube with IRIS Technology. This first-of-its-kind camera-equipped disposable feeding tube is designed to enhance patient safety by providing...

Covidien Implements Voluntary Recall of its Pipeline Embolization Device and Alligator Retrieval Device

April 11, 2014 10:14 am | by Covidien | News | Comments

Covidien plc has announced that it has notified customers of a voluntary recall to address an issue with certain lots of its Pipeline Embolization Device and Alligator Retrieval Device where the polytetrafluoroethylene (PTFE) coating applied...

Covidien Announces 510(k) Clearance for the Puritan Bennett 980 Ventilator

February 27, 2014 9:29 am | by Business Wire | News | Comments

Covidien plc, a leading global provider of healthcare products and recognized innovator in patient monitoring and respiratory care devices, today announced its Puritan Bennett 980 ventilator has received U.S. Food and Drug Administration...

Covidien Completes Acquisition of Given Imaging

February 27, 2014 7:31 am | by The Associated Press | News | Comments

Covidien plc today announced that it has closed its acquisition of Given Imaging Ltd., providing the company additional scale and scope to serve a significant medical specialty, the multibillion dollar global gastrointestinal (GI) market. PillCam...

Covidien Receives Japanese Regulatory Approval for Reinforced Stapling Reload Technology

January 27, 2014 5:11 pm | by The Associated Press | News | Comments

Covidien plc has announced that its Japanese subsidiary, Covidien Japan Inc., has received Shonin approval from the Japanese Ministry of Health, Labor and Welfare for its Endo GIA Reinforced Reload with Tri-Staple technology. This approval...

Covidien Receives FDA Clearance for LigaSure Maryland Jaw

January 23, 2014 11:17 am | by Business Wire | News | Comments

Expanding its industry-leading vessel and tissue sealing portfolio, Covidien received U.S. Food and Drug Administration (FDA) 510(k) clearance for the LigaSure Maryland jaw open/laparoscopic sealer/divider. In addition, Covidien completed...

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