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US Diagnostic Electrocardiography Device Market to Grow at a Slow Rate of 1.5 Percent Through 2016

January 27, 2012 4:50 am | News | Comments

TORONTO--(BUSINESS WIRE)--According to Millennium Research Group (MRG), the global authority on medical technology market intelligence, declining demand in private practices for diagnostic electrocardiography (ECG) devices will contribute to slow growth in the United States market...

UF cardiologists, surgeons team up to offer life-extending procedure

January 27, 2012 4:35 am | News | Comments

GAINESVILLE, Fla. - For patients who have severe narrowing of the aortic valve, a condition known as aortic stenosis, standard treatment is surgical replacement of the damaged valve. But advanced age or medical problems such as lung disease prevent many of those patients from...

CardioComm Solutions, Inc. Passes Canadian Medical Devices Conformity Assessment System ISO 13485:2003 Audit

January 26, 2012 6:05 am | News | Comments

TORONTO--(BUSINESS WIRE)--CardioComm Solutions, Inc., received confirmation from the Canadian Medical Devices Conformity Assessment System (CMDCAS) that it had cleared an ISO audit performed by DQS Medizinprodukte GmbH. CardioComm Solutions is registered...

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Reverse Medical Corporation Announces Sale of its Neurovascular Guide Catheter Business

January 26, 2012 5:58 am | News | Comments

IRVINE, Calif.--(BUSINESS WIRE)--Reverse Medical Corporation today announced that it has sold its line of neurovascular guide catheters to Covidien, a leading global provider of healthcare products. The terms of the transaction were not disclosed. “Despite being a young company...

SANUWAVE Technology Shown to Promote Fracture Healing by Affecting Growth of New Blood Vessels and Bone

January 26, 2012 5:51 am | News | Comments

ALPHARETTA, Ga.--(BUSINESS WIRE)--SANUWAVE Health, Inc. today announced the publication of preclinical data demonstrating that the Company's Extracorporeal Shock Wave Technology (ESWT) promoted fracture healing by eliciting the production of specific growth...

Medtronic Completes Enrollment of Extreme Risk Patient Group in CoreValve U.S. Pivotal Trial

January 25, 2012 5:50 am | News | Comments

MINNEAPOLIS--(BUSINESS WIRE)--Medtronic, Inc. today announced it has completed patient enrollment in the extreme risk study in its CoreValve U.S. Pivotal Trial. The company also received approval from the U.S. Food and Drug Administration (FDA) for an extended investigation...

First Patient Enrolled in Medtronic-Supported Head-to-Head Clinical Trial Comparing Cryoballoon Ablation to RF Ablation for Paroxysmal Atrial Fibrillation

January 25, 2012 5:46 am | News | Comments

MINNEAPOLIS--(BUSINESS WIRE)--Medtronic, Inc. today announced the first patient was enrolled in the FIRE AND ICE clinical trial, which is a prospective, randomized, multinational head-to-head clinical trial comparing the long-term safety, effectiveness and ease of use of the Medtronic Arctic...

Spectranetics Strengthens Peripheral Vascular Portfolio with a Partnership to Distribute the TAPAS Catheter

January 25, 2012 5:42 am | News | Comments

COLORADO SPRINGS, Colo.--(BUSINESS WIRE)--Spectranetics Corporation today announced an agreement with ThermopeutiX, Inc. to commercialize the TAPAS catheter, a therapeutic infusion system. The product has recently received U.S. Food and Drug Administration (FDA) 510(k) clearance...

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VasoStitch Completes Successful In Vivo Study of Its Breakthrough Access-and-Closure System for Nonsurgical Deployment of Transcatheter Therapies

January 24, 2012 4:41 am | News | Comments

DANVILLE, Calif.--(BUSINESS WIRE)--VasoStitch, a start-up medical technology company, announced today that it has successfully completed its first in vivo study of its percutaneous access-and-closure system for the nonsurgical deployment of large-diameter transcatheter therapeutic devices...

CardioComm Solutions, Inc. Receives FDA Clearance to Market First Over-the-Counter Heart Monitoring Solution

January 23, 2012 5:44 am | News | Comments

TORONTO--(BUSINESS WIRE)--CardioComm Solutions, Inc., a global medical provider of ECG acquisition and management software solutions, received clearance from the Food and Drug Administration (FDA) for over-the-counter (OTC) sales and marketing of their consumer-based...

Precision Pulmonary Diagnostics to Offer OSA Portable Monitor Testing

January 23, 2012 5:42 am | News | Comments

HOUSTON--(BUSINESS WIRE)--Precision Pulmonary Diagnostics (PPD®) recently added portable monitor testing to its diagnostic offerings of sleep apnea in commercial drivers. PPD is an industry leader, providing turn-key sleep apnea disease management program and lab network.

Acacia Subsidiary Acquires Patents for Catheter Ablation Technology

January 23, 2012 5:37 am | News | Comments

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Acacia Research Corporation announced today that a subsidiary has acquired patents relating to catheter ablation technology. “Acacia continues to increase the number of patent portfolios we control in the medical technology sector,” commented Paul Ryan...

Nanomedical Global Sales to Reach $130.9 Billion in 2016

January 23, 2012 5:24 am | News | Comments

Wellesley, Mass. – According to a new technical market research report, NANOTECHNOLOGY IN MEDICAL APPLICATIONS: THE GLOBAL MARKET (HLC069B) from BCC Research, nanomedical global sales totaled $72.8 billion in 2011 and are expected to increase...

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Crux Biomedical's IVC Filter Receives CE Mark Approval

January 23, 2012 5:05 am | News | Comments

MENLO PARK, Calif. /PRNewswire/ -- Crux Biomedical announced it has received CE mark approval for their revolutionary inferior vena cava filter (IVCF) with bi-directional retrieval (BDR). Vena cava filters are designed to trap blood clots that can lead to a potentially fatal pulmonary embolism (PE). 

Saint Thomas Heart Opens New Ventricular Assist Device Center; One of Only 33 Dedicated Centers in United States

January 20, 2012 5:23 am | News | Comments

NASHVILLE, Tenn.--(BUSINESS WIRE)--Saint Thomas Hospital, a member of Saint Thomas Health and a national leader in cardiac care, announced today the opening of the Saint Thomas Heart Ventricular Assist Device (VAD) Center at an invitation only event at LP Field.

Covidien Provides Update on Voluntary Recall of BIS Bilateral Sensors

January 20, 2012 5:10 am | News | Comments

BOULDER, Colo.--(BUSINESS WIRE)--On November 8, 2011, Covidien initiated a voluntary recall of certain lots of its BISâ„¢ Bilateral Sensors, due to a modification which inadvertently reversed the reference and left eye electrode. This modification could potentially cause a change...

European Coronary Stent Market to Decline to $490 Million by 2016, Despite Growth in Number of Procedures

January 20, 2012 5:06 am | News | Comments

TORONTO--(BUSINESS WIRE)--According to Millennium Research Group (MRG), the global authority on medical technology market intelligence, while the number of coronary stenting procedures performed will show steady growth, stent selling prices will decline significantly...

Gore Receives First FDA Approval for Endovascular Repair of Traumatic Aortic Transections

January 20, 2012 5:01 am | News | Comments

FLAGSTAFF, Ariz.--(BUSINESS WIRE)--W. L. Gore & Associates, Inc. (Gore) announced that the US Food and Drug Administration (FDA) has approved the Conformable GORE® TAG® Thoracic Endoprosthesis for endovascular repair of isolated lesions of the descending thoracic aorta...

Indiana's medical device industry is fifth largest in U.S. generating $10 billion annually

January 20, 2012 4:41 am | News | Comments

INDIANAPOLIS, Ind., - According to a report released today by BioCrossroads, the medical devices industry is one of Indiana's most valuable economic assets employing over 20,000 people, and generating more than $10 billion of annual economic output. The first of its kind report...

Independent Data Safety Monitoring Board Recommends St. Jude Medical's FAME II Clinical Trial Stop Enrollment Following Positive Interim Analysis

January 19, 2012 5:13 am | News | Comments

ST. PAUL, Minn.--(BUSINESS WIRE)--St. Jude Medical, Inc. (NYSE:STJ), a global medical device company, announced today that an interim analysis of the FAME II trial has found a highly statistically significant reduction in the need for hospital readmission and urgent revascularization when...

Slovenia's 1st Total Artificial Heart Patient Discharged from UMC Ljubljana Using the Freedom Portable Driver

January 19, 2012 4:55 am | News | Comments

TUCSON, Ariz. – SynCardia Systems, Inc., manufacturer of the SynCardia temporary Total Artificial Heart, announced today that on Dec. 29, 2011, University Medical Center (UMC) Ljubljana discharged Slovenia's first Total Artificial Heart patient, 61-year-old...

Patients Report Controversial Multiple Sclerosis Treatment Improves Their Lives: Presented at ISET 2012

January 18, 2012 5:55 am | News | Comments

MIAMI BEACH, Fla.--(BUSINESS WIRE)--Although using angioplasty to treat multiple sclerosis (MS) is highly controversial, sufferers often insist it helps – in some cases dramatically, such as allowing them to walk without a cane. Patients with less severe MS also reported additional quality...

US BioDesign Launches Cardiovascular Biomaterials Business Segment

January 18, 2012 5:26 am | News | Comments

PERKASIE, Pa.--(BUSINESS WIRE)--US BioDesign announced today the launch of its cardiovascular biomaterials business segment. This portion of US BioDesign will be responsible for the research, analysis and production of products and services in the cardiovascular device area.

Medtronic Endurant II AAA Stent Graft System Launches Internationally with CE Mark

January 18, 2012 4:46 am | News | Comments

MINNEAPOLIS –– Medtronic Inc. today announced the CE (Conformité Européenne) mark and international launch of the Endurant® II AAA Stent Graft System, which meaningfully expands the options physicians outside the United States have to treat patients with abdominal aortic aneurysms...

Study Finds Intraosseous Infusion is Equivalent to Intravenous Infusion During Therapeutic Hypothermia

January 17, 2012 4:51 am | News | Comments

SAN ANTONIO--(BUSINESS WIRE)--The results of a study conducted by Vidacare Corporation comparing whether Intraosseous (IO) vascular access may be used to infuse chilled saline as effectively as peripheral intravenous (IV) access to achieve therapeutic hypothermia found no statistical...

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