Device Companies
Merit Medical Signs Agreement to Acquire Thomas Medical Products, a Unit of GE Healthcare
November 27, 2012 9:55 am | by Globe Newswire | News | CommentsMerit Medical Systems, Inc., a leading manufacturer and marketer of proprietary disposable devices used primarily in cardiology, radiology and endoscopy, today announced that it has entered into a stock purchase agreement to acquire Thomas Medical Products, Inc. ("Thomas Medical") from GE Healthcare in an all-cash transaction valued at approximately $167 million...
Medtronic’s Endurant AAA Stent Graft Delivers Durable Outcomes for Abdominal Aortic Aneursym Repair
November 19, 2012 3:13 pm | by Medtronic | News | CommentsChosen for nearly one out of every two endovascular abdominal aortic aneurysm repairs worldwide, the Endurant AAA stent graft system from Medtronic, Inc. continues to show robust results in mid-term follow-up, according to two-year clinical data presented at VEITHsymposium, which concluded yesterday in New York.
Depuy Synthes Spine Launches New Image Guided Instrumentation for Viper® 2 and Expedium® Spine Systems at NASS
October 26, 2012 9:40 am | News | CommentsDePuy Synthes Spine announced new image guided instrumentation for two of its leading spine systems and has entered into a new partnership agreement with Brainlab, enabling both companies to offer integrated surgical navigation and imaging solutions.
Depuy Synthes Spine Launches First Access System for Minimally Invasive Posterior-Lateral Fusion
October 24, 2012 11:27 am | by DePuy Synthes Spine | News | CommentsDePuy Synthes Spine announced the launch of the SPOTLIGHT® PL Access System, the first access system designed specifically for minimally invasive posterior-lateral fusion. The announcement was made here at the North American Spine Society (NASS) 27th annual meeting, where the company is featuring its broad portfolio of minimally invasive and traditional spinal surgery solutions.
Medtronic Engages Cardiologists in ‘World Diabetes Day’
October 24, 2012 11:24 am | by Medtronic | News | CommentsReinforcing its commitment to people with diabetes, Medtronic, Inc. (NYSE: MDT) is promoting its long-standing partnership with the International Diabetes Federation (IDF) through a new initiative surrounding “World Diabetes Day” on Nov. 14 that aims to engage interventional cardiologists worldwide in raising awareness of the connection between diabetes and coronary artery disease.
Depuy Synthes Spine Launches New Anterior Cervical Interbody Fusion System
October 24, 2012 11:21 am | by DePuy Synthes Spine | News | CommentsDePuy Synthes Spine today announced the launch of the ACIS™ Anterior Cervical Interbody Spacer System (ACIS System), a comprehensive set of spacers and instrumentation for anterior cervical discectomy and fusion (ACDF). The announcement was made here at the North American Spine Society (NASS) 27th annual meeting, where the company is featuring the ACIS System alongside the ZERO-P® VA...
Medtronic Stent Successfully Treats Long Lesions and Small Vessels, Two Characteristics Typical of Patients with Diabetes, in Multiple Studies
October 23, 2012 11:44 am | by Medtronic | News | CommentsFor the treatment of long lesions and small vessels –– two challenging characteristics of coronary artery disease commonly found in patients with diabetes –– the Resolute drug-eluting stent from Medtronic, Inc. (NYSE: MDT) delivered successful clinical results, according to new data presented at the 24th Annual Transcatheter Cardiovascular Therapeutics (TCT) scientific symposium.
Medtronic Announces Approval and Launch of Japan’s First MR-Conditional Pacemaker System
October 18, 2012 12:32 pm | by Medtronic | News | CommentsMedtronic, Inc. (NYSE: MDT), today announced the Japanese regulatory approval and launch of the Advisa DR MRI™ SureScan™ pacing system. The Advisa MRI system is the first and only MR-Conditional pacemaker available to patients in Japan, the world’s second largest market for medical devices.
Covidien Announces FDA 510(k) Clearance and CE Mark for Nellcor Bedside Respiratory Patient Monitoring System
October 4, 2012 11:25 am | by Covidien | News | CommentsCovidien, a leading global provider of healthcare products and recognized innovator in patient monitoring and respiratory care devices, today announced U.S. Food and Drug Administration 510(k) clearance and European Economic Area (EEA) CE Mark approval for the Covidien Nellcor™ Bedside Respiratory Patient Monitoring system.
Analyst Insight: Abbott’s Absorb is the New Face of the Stent Industry
September 27, 2012 9:29 am | by GlobalData | News | CommentsThe world’s first drug-eluting bioabsorbable vascular scaffold has been launched and will revolutionize the stent industry. On September 25th, 2012, Abbott announced the launch of its drug-eluting bioabsorbable stent, Absorb, in Europe, the Middle East and parts of Asia Pacific and Latin America. Absorb, which received CE mark certification in 2011, is used to treat coronary artery disease.
BD Introduces Advanced Needle Technology Designed to Enhance Patient Comfort and Improve Patient Adherence in Diabetes Care
September 19, 2012 12:06 pm | News | CommentsStudies suggest that as many as one-fifth to one-third of people with diabetes are hesitant or unwilling to give themselves insulin injections for reasons that include needle anxiety[i-iii]. Patients who reported injection-related pain or embarrassment also admitted they intentionally skipped insulin injections more often. A study by the American Association of Diabetes Educators (AADE) revealed that...
Continuous spinal cord stimulation improves heart function
August 27, 2012 9:21 am | by European Society of Cardiology | News | CommentsSpinal cord stimulation improves heart function and could become a novel treatment option for heart failure, according to research presented at the ESC Congress 2012 today by Professor Hung-Fat Tse from Hong Kong. Heart failure is a progressive weakening of the heart muscle. It is a chronic condition that occurs when the heart cannot pump blood to meet the body’s needs.
GE Healthcare Recognized by Industrial Designers Society of America for Design Excellence
August 23, 2012 11:43 am | News | CommentsGE Healthcare announced that it has been recognized by the Industrial Designers Society of America (IDSA) with three International Design Excellence Awards (IDEA) for Medical and Scientific Products. The IDEA program is a celebration of design excellence in products, sustainability, interaction design, packaging, strategy, research, and concepts.
Medtronic reports first quarter earnings
August 23, 2012 6:09 am | by I-Micronews | News | CommentsThe Company reported worldwide first quarter revenue of $4.008 billion, an increase of 5 percent on a constant currency basis after adjusting for a $119 million negative foreign currency impact or 2 percent as reported. As reported, first quarter net earnings were $864 million, or $0.83 per diluted share...
M&A: The top 15 acquirers among medical device companies
August 6, 2012 3:37 pm | by Mass Device | News | CommentsA look at the most acquisitive medical device companies, culled from MassDevice.com's Big 100 database of more than 1,300 medical device industry transactions. More than $50 billion was spent on acquisitions by Big 100 medical device companies from the beginning of 2011 through the 1st half of 2012.
Baxter rises on growth in emerging markets
July 20, 2012 2:41 pm | by Mass Device | News | CommentsBaxter International's bets in emerging markets pay off during the 2nd quarter with growth in plasma sales. Baxter (NYSE:BAX) reported modest growth in sales and a healthy surge in profit during the 2nd quarter, which the company attributed partially to increasing demand for its plasma products in emerging markets.
Medtronic wins expanded FDA indication for snoring implant | Regulatory Roundup
July 12, 2012 10:29 am | by Mass Device | News | CommentsMedtronic touts expanded indication for up to 5 implants of its Pillar Palatal devices to treat snoring. Medtronic obtains expanded indication for snoring treatment system...
Medtronic's Ishrak lands $25M in salary, benefits in 1st year
July 2, 2012 8:30 am | by Mass Device | News | CommentsMedtronic CEO Omar Ishrak's 1st-year take-home tops $25 million in salary, stock and bonuses that made up for benefits he gave up to take the job. MASSDEVICE ON CALL —Medtronic (NYSE:MDT) CEO Omar Ishrak's first year on the job netted him more than $25 million in salary, stock and bonuses that helped make up for the benefits he forfeited in order to take the jobs. Legal News, News Well, Healthcare Reform, On Call, Venture Capital/Private Equityread more
Covidien Announces Global Launch of Nellcor SpO2 Module for Philips IntelliVue Patient Monitors
June 25, 2012 6:11 am | News | CommentsCovidien, a leading global provider of healthcare products and recognized innovator in patient monitoring and respiratory care devices, today announced the launch of its Nellcor™ SpO2 single parameter module for use with the Philips IntelliVue patient monitoring platform.
Aesculap Implant Systems, LLC Debuts New VEGA System PS Knee Replacement Technology
June 15, 2012 5:29 am | News | CommentsOn May 20, 2012, Aesculap Implant Systems’ debuted the new VEGA System Posterior Stabilized Knee Replacement Technology during the Current Concepts in Joint Replacement Spring meeting held in Las Vegas, Nevada.
Medtronic Launches Endurant II AAA Stent Graft System in U.S.
June 7, 2012 7:55 am | News | CommentsMedtronic, Inc. has announced the U.S. launch of the Endurant® II AAA Stent Graft System, which recently received approval from the U.S. Food and Drug Administration (FDA) for the minimally invasive treatment of abdominal aortic aneurysms through endovascular repair...
Covidien launches new device for colorectal surgery
June 1, 2012 2:32 pm | by Mass High Tech: The Journal of New England Technology | News | CommentsMedical device maker Covidien (NYSE: COV) has launched a new stapler to be used in colorectal surgery. The New Haven, Conn. office of the Mansfield-based company developed the Radial Reload device based on its GIA Radial Reload with Tri-Staple technology with the feedback Covidien...
PROMUS Element Stent Demonstrates Excellent Long-Term Safety and Effectiveness in PLATINUM Small Vessel Study
May 18, 2012 6:55 am | News | CommentsBoston Scientific Corporation announces two-year results from the PLATINUM Small Vessel study, demonstrating excellent safety and effectiveness outcomes for the 2.25 mm PROMUS Element™ Everolimus-Eluting Platinum Chromium (PtCr) Stent System...
Medtronic Nets New Indications for Resolute Integrity Drug-Eluting Stent in Europe
May 15, 2012 11:57 am | News | CommentsAs EuroPCR 2012 gets under way today, Medtronic, Inc. announced that the Resolute Integrity Coronary Stent System has received European regulatory approval for several new indications, making it the drug-eluting stent (DES) with the broadest range of approved indications...
Boston Scientific Announces Positive Data From Lotus Transcatheter Aortic Valve Trial
May 15, 2012 11:43 am | News | CommentsBoston Scientific Corporation announces results from the REPRISE I feasibility trial, which evaluated the acute safety of the Lotus™ Aortic Valve System in patients with severe aortic valve disease. The Lotus Aortic Valve System is the first transcatheter aortic valve replacement...
