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St. Jude Medical Board of Directors Authorizes $700 Million Share Repurchase

December 9, 2013 4:25 pm | by Business Wire | News | Comments

St. Jude Medical, Inc. announced today that its Board of Directors has authorized a share repurchase of up to $700 million of its outstanding common stock. The repurchases will occur at such times and at such prices as the management of the...

Boston Scientific faces more questions over Watchman implant's effectiveness, risks

December 9, 2013 3:00 pm | by Mass Device | News | Comments

Boston Scientific may have to confront some tough questions when it faces a panel of FDA experts reviewing its Watchman stroke-preventing heart implant. In panel documents released ahead of this week's meeting, the FDA asked its advisory...

First Human Implant of World's Smallest, Minimally Invasive Cardiac Pacemaker

December 9, 2013 1:36 pm | by The Associated Press | News | Comments

Continuing its leadership in advanced pacing technology and device miniaturization, Medtronic, Inc., today announced the first-in-human implant of the world's smallest pacemaker: the Micra Transcatheter Pacing System. The device was implanted...

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Hologic hands corner office to former Stryker chief, takes on 2 Icahn board members

December 9, 2013 12:52 pm | by Mass Device | News | Comments

Massachusetts medtech maker Hologic did some top-line rearranging, naming Steven MacMillan its new CEO and adding 2 members to its board of directors to appease an activist investor. New CEO MacMillan has spent some 24 years in the medtech...

Covidien Announces Definitive Agreement to Acquire Given Imaging

December 8, 2013 2:29 am | by Business Wire | News | Comments

Covidien plc and Given Imaging Ltd. have announced a definitive agreement under which Covidien will acquire all of the outstanding shares of Given Imaging for $30.00 per share in cash, for a total of approximately $860 million, net of cash...

Boston Scientific touts high success rate, pain reduction with Precision Spectra spinal cord stim

December 6, 2013 2:00 pm | by Mass Device | News | Comments

Boston Scientific unveiled new 3-month results on its Precision Spectra spinal cord stimulation system, saying the implant resulted in significant pain reduction at 3 months and an overall success rate of 94%. The report came from a retrospective...

Medtronic Presents First-of-Its-Kind Data Showing Sustained Results with Cervical Disc Replacement After Seven Years

December 6, 2013 10:06 am | by The Associated Press | News | Comments

Medtronic, Inc. presented 7-year clinical and radiographic outcomes of artificial disc replacement with PRESTIGE® Cervical Disc compared to anterior cervical discectomy and fusion (ACDF) yesterday at the Cervical Spine Research Society Annual...

U.S. Warns of Problems with Philips Heart Devices

December 6, 2013 9:36 am | by The Associated Press | News | Comments

Federal health regulators are warning the public that certain cardiac defibrillators recalled by Philips Healthcare may fail to deliver a needed shock in an emergency. Defibrillators are used by emergency responders and others to restore normal...

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FDA Reaches $1.25M Settlement with J&J Unit

December 6, 2013 9:33 am | by The Associated Press | News | Comments

The Food and Drug Administration said Wednesday that it reached a $1.25 million settlement with a division of Johnson & Johnson over allegations that it knowingly shipped faulty sterilization equipment used by hospitals. Under the civil...

Indian media accuses state of failing metal hip patients

December 6, 2013 7:29 am | by Mass Device | News | Comments

India media accused its government of failing to act to protect patients potentially harmed by Johnson & Johnson's now-recalled metal-on-metal hips. Mumbai's dna news source wrote this week that the state government "has turned a blind eye...

Safe, Comfortable, and Front and Center: GE Healthcare Transforms the Patient Experience

December 5, 2013 10:00 am | by Business Wire | News | Comments

GE Healthcare, a unit of General Electric Company, is committed to developing new products and improving current offerings to ensure the highest standards in patient care for billions of patients around the world. Today at the 2013 Radiological...

St. Jude Medical Begins US Study to Evaluate Combination of Peripheral Nerve Field Stimulation and Spinal Cord Stimulation for Chronic Low Back and Leg Pain

December 4, 2013 8:00 am | by Business Wire | News | Comments

St. Jude Medical, Inc., a global medical device company, has launched a clinical study to evaluate the combination of peripheral nerve field stimulation (PNfS), and spinal cord stimulation (SCS), to determine whether the two therapies together...

Toshiba’s New MR Technologies Make Exams Faster for Better Patient Care

December 4, 2013 3:00 am | by Business Wire | News | Comments

To help healthcare providers image patients faster and more comfortably, Toshiba America Medical Systems, Inc. is introducing enhancements to its Vantage Titan MR product line. The new technologies improve workflow, image quality and patient...

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Bard bellwether mesh trial delayed until 2014

December 3, 2013 2:53 pm | by Mass Device | News | Comments

Patients in another bellwether trial against C.R. Bard will have to wait another month to air their grievances in court after a West Virginia judge pushed back their trial date. The delayed lawsuit, originally slated for trial today, will instead...

Abbott Issues Voluntary Recall of Blood Glucose Test Strips

December 3, 2013 11:31 am | by FDA | News | Comments

Abbott has announced it is initiating a voluntary recall of 20 lots of FreeStyle and FreeStyle Lite Blood Glucose Test Strips in the United States. These lots of test strips may produce erroneously low blood glucose results when used with both...

GE Healthcare’s “Brilliant Machines” Software Innovations Transforms the Patient Experience by Reducing Wait Times and Helping Hospital Staff Increase Efficiency

December 3, 2013 10:00 am | by Business Wire | News | Comments

Today at the 2013 Radiological Society of North America (RSNA) annual meeting, GE Healthcare, a unit of General Electric Company (NYSE: GE), unveiled four software breakthroughs to deliver improved clinical capabilities, productivity and diagnostic...

St. Jude Medical Launches US Study of New Prodigy Neurostimulator to Evaluate Burst Stimulation Technology for Chronic Pain

December 3, 2013 8:00 am | by Business Wire | News | Comments

St. Jude Medical, Inc., a global medical device company, has initiated a clinical study of the Prodigy ™ neurostimulator, the first spinal cord stimulation (SCS) system able to deliver a proprietary mode of stimulation therapy called burst...

Diabetes: Abbott recalls blood glucose test strips

December 2, 2013 1:58 pm | by Mass Device | News | Comments

Abbott Diabetes Care said it issued a recall of its FreeStyle blood glucose test strips after reports of falsely low results. The Alameda, Calif.-based medical device company found that the FreeStyle test strips used with Insulet's OmniPod...

GE Launches Centricity 360, Provides Real-Time Secure Sharing of Critical Medical Data

December 2, 2013 10:00 am | by Business Wire | News | Comments

Leveraging the Industrial Internet to better impact patient outcomes, GE Healthcare, a unit of General Electric Company (NYSE: GE), announced today at the 2013 Radiological Society of North America (RSNA) annual meeting, the launch of Centricity...

Philips showcases advanced imaging solutions at RSNA 2013

December 2, 2013 8:01 am | by The Associated Press | News | Comments

At the 99th Annual Meeting of the Radiological Society of North America (RSNA) in Chicago, Royal Philips (NYSE: PHG, AEX: PHIA) continues to demonstrate its technology leadership in imaging solutions with a portfolio of integrated imaging and...

Smith & Nephew buys Brazilian wound care distribution

November 27, 2013 8:37 am | by Mass Device | News | Comments

Smith & Nephew said it acquired the Brazilian distribution of its wound care products from Politec Saúde for an undisclosed amount. The move is part of the British medical products conglomerate's move to expand its footprint in the BRIC nations...

Did patients draw the short stick in $2.5B J&J metal hip settlement?

November 27, 2013 7:29 am | by Mass Device | News | Comments

When Johnson & Johnson (NYSE:JNJ) agreed to a $2.5 billion settlement to close some 8,000 cases over its metal-on-metal hip implants, about 1/3 of that money went to the lawyers and legal teams representing the cases. Lawyers took an...

MITA Announces Support of Medical Device Single Audit Program

November 26, 2013 10:31 am | by MITA | News | Comments

The Medical Imaging & Technology Alliance (MITA) today announced its support of the pilot program for the Medical Device Single Audit Program (MDSAP), the details of which were unveiled this week at the November 2013 IMDRF Stakeholder...

Boston Scientific Receives FDA Approval for Coronary Stent System

November 26, 2013 10:25 am | by PR Newswire | News | Comments

Continuing to advance leading drug-eluting stent (DES) technology, Boston Scientific Corporation has received U.S. Food and Drug Administration (FDA) approval for the Promus PREMIER™ Everolimus-Eluting Platinum Chromium Coronary Stent System...

Endurant II AAA Stent Graft from Medtronic Delivers Durable, Consistent, and Proven Outcomes in Real-World Setting

November 26, 2013 10:18 am | by Medtronic | News | Comments

Chosen for nearly one out of every two endovascular abdominal aortic aneurysm (AAA) repairs worldwide, the Endurant II AAA stent graft system from Medtronic, Inc. continues to demonstrate long-term durability and consistent outcomes at three...

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