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Medtronic Completes Acquisition of Covidien

January 26, 2015 5:31 pm | News | Comments

Medtronic plc, a global leader in medical technology, services and solutions, announced today that it has successfully completed the previously announced acquisition of Covidien plc. Under the terms of the acquisition agreement, Medtronic...

FDA Approves Implantable Neurostimulator to Treat Serious Stomach Disorder

January 23, 2015 9:42 am | News | Comments

Medtronic, Inc. today announced it has received United States Food and Drug Administration...

Designing a Smarter Trial, Earlier

January 21, 2015 1:58 pm | Blogs | Comments

Increased regulatory and reimbursement burden has made development timelines longer than ever....

Insulin Pump Moves One Step Closer to an Artificial Pancreas

January 21, 2015 9:42 am | News | Comments

Medtronic, Inc. today announced the start of the global launch of the MiniMed 640G System...

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Top Five Healthcare Trends of 2014

January 2, 2015 10:31 am | News | Comments

Kalorama Information has identified its “Top Five Trends in Healthcare in 2014.” The healthcare market research firm publishes 40-50 detailed studies in healthcare markets every year. The firm said several events in 2014 will have business planners...

Device Market Reaches $361 Billion in 2014

December 23, 2014 10:12 am | News | Comments

The global market for medical devices was estimated to reach 361 billion dollars by year’s end. While that’s a lot of revenue, the report says it reflects slower growth than many in the industry would have liked to see. With 3% average growth, the healthcare...

Medtronic-Covidien Transaction Gains Key Clearances

December 1, 2014 9:17 am | 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...

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2014: The Year of Healthcare M&As

November 24, 2014 12:04 pm | News | Comments

Some big, U.S. pharmaceutical, biotech and medical device companies have been trying to acquire overseas rivals, allowing them to move their headquarters to a country with a lower tax rate. The deals also give the buyer access to billions in...

Divergence System Offers New Approach to Anterior Cervical Fusion

October 21, 2014 12:02 pm | News | Comments

Medtronic announced the U.S. launch of the DIVERGENCE Anterior Cervical Fusion System for the treatment of single-level cervical disc disease today at the 2014 Congress of Neurological Surgeons Annual Meeting in Boston. The DIVERGENCE System represents a new approach...

FDA Approved Leads Safe for Full-Body MRI Scans

October 15, 2014 9:46 am | News | Comments

Medtronic announced the U.S. Food and Drug Administration approval of its CapSureFix Novus MRI SureScan 5076 Lead for use with magnetic resonance imaging (MRI). The lead is approved for MRI scans positioned on any region of the body when...

Patient Monitoring Market Nears 30 Billion

October 7, 2014 9:05 am | News | Comments

The global advanced patient monitoring market is currently worth about $29.7 billion, up 7% from last year, according to Kalorama Information. The market research firm specializing in diagnostics and medical devices says that the industry...

$514 Billion in Global MedTech Sales by 2020

October 6, 2014 10:49 am | News | Comments

The medical technology sector is expected to grow at a compound annual growth rate of 5 percent per year between 2013 and 2020, according to the latest forecasts from market intelligence firm Evaluate Ltd. Its new report, “EvaluateMedTech World...

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Infographic: MedTech World Preview 2014

October 6, 2014 10:47 am | News | Comments

2014 marks a year of rapid change for the global medical device market, particularly within the cardiology and orthopedic spaces, which have been dominated by megamergers. If the deal between Covidien and Medtronic goes through, we could see...

MDPC Publishes Robust Security Risk Assessment Framework for Medical Devices

September 26, 2014 10:56 am | News | Comments

The Medical Device Privacy Consortium's Product Security Working Group has developed a robust framework for medical device manufactures and developers to assess the security risks associated with the use of medical devices. The framework is...

CE Mark and European Launch of Medtronic’s TYRX Absorbable Antibacterial Envelope

September 22, 2014 10:33 am | News | Comments

Medtronic, Inc. has received CE (Conformité Européenne) Mark for the TYRX Absorbable Antibacterial Envelope. This innovative mesh envelope covers an implantable cardiac device to help stabilize the device after implantation and reduce surgical...

Medtronic Launches New Balloon Kyphoplasty Products for Treating Spinal Fractures

September 17, 2014 9:55 am | News | Comments

Medtronic, Inc. has announced the launch of the KYPHON Express II Balloon Kyphoplasty Platform, which includes the next generation KYPHON Cement Delivery System. This new platform is the latest advancement in the KYPHON Balloon Kyphoplasty...

Medtronic Drug-Coated Balloon for Improved Treatment of Peripheral Artery Disease

September 16, 2014 9:55 am | News | Comments

Presented for the first time at the 2014 Transcatheter Cardiovascular Therapeutics (TCT) conference, the latest clinical and economic data on the IN.PACT Admiral drug-coated balloon (DCB) from Medtronic, Inc. augments an already robust body of...

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Type 2 Diabetes Patients Achieve Greater Satisfaction with Insulin Pumps vs. Multiple Daily Injections

September 16, 2014 9:44 am | News | Comments

Medtronic, Inc. today announced that new results from the OpT2mise trial are being presented at the European Association for the Study of Diabetes (EASD) 50th Annual Meeting. OpT2mise is the largest global study to compare insulin pump therapy...

Medtronic Launches SEEQ Wearable Cardiac Monitoring System in United States

September 15, 2014 10:18 am | News | Comments

Medtronic, Inc. has announced the U.S. launch of the SEEQ Mobile Cardiac Telemetry (MCT) System, an external, wire-free, adhesive heart monitor that can be worn for up to 30 days to help detect and diagnose the cause of irregular heartbeats in...

Medtronic’s CoreValve System Sustains Positive Outcomes Through Two Years in Extreme Risk Patients

September 15, 2014 10:14 am | News | Comments

Medtronic, Inc. has announced new data showing that transcatheter aortic valve replacement (TAVR) with the CoreValve System continued to provide safe and effective treatment, while maintaining exceptional rates of survival out to two years for...

Medtronic NC Euphora Coronary Balloon Receives FDA Clearance

September 11, 2014 9:58 am | News | Comments

Medtronic, Inc. today announced the U.S. Food and Drug Administration (FDA) 510(k) clearance and launch of the NC Euphora Noncompliant Balloon Dilatation Catheter. The new device will be featured for the first time in the United States at the...

First U.S. Implants in Clinical Study of Medtronic’s Recapturable CoreValve Evolut R

September 10, 2014 9:39 am | News | Comments

Medtronic, Inc. has announced the first U.S. implants in the CoreValve Evolut R Clinical Study, which will evaluate the safety and effectiveness of the new Medtronic CoreValve Evolut R System. This novel investigational self-expanding valve...

Medtronic Receives Clearance for the SHILLA Growth Guidance System

August 28, 2014 11:04 am | News | Comments

Medtronic, Inc. today announced the 510(k) clearance and launch of the SHILLA(TM) Growth Guidance System. The system is designed for treatment of skeletally immature pediatric patients less 10 years of age diagnosed with severe, progressive...

Medtronic Announces First Implants in Largest-Ever, Global Trial of Cardiac Resynchronization Therapy

August 27, 2014 12:10 pm | News | Comments

Medtronic, Inc. has announced the first implants in a clinical trial that will compare patient and healthcare system outcomes - including patient mortality and hospitalizations - in heart failure patients who have cardiac resynchronization...

Medtronic Acquires NGC Medical to Strengthen Its Integrated Health Solutions Portfolio

August 27, 2014 9:16 am | News | Comments

Medtronic, Inc. has announced that it has completed the acquisition of NGC Medical S.p.A. (NGC), a privately-held Italian company, in a transaction that values NGC at $350 million. Medtronic held a 30 percent ownership stake in the company...

Medtronic Acquires Sapiens Steering Brain Stimulation

August 26, 2014 12:08 pm | News | Comments

Medtronic, Inc. today announced that it has acquired Sapiens Steering Brain Stimulation (Sapiens SBS), a privately held developer of deep brain stimulation (DBS) technologies for approximately $200 million in an all-cash transaction. The...

Medtronic’s Viva Cardiac Resynchronization Therapy-Pacemaker Approved in U.S.

August 25, 2014 10:26 am | News | Comments

Medtronic, Inc. has announced the U.S. Food and Drug Administration (FDA) approval of its newest cardiac resynchronization therapy-pacemaker, Viva CRT-P, for indicated patients with heart failure or atrioventricular (AV) block. The Viva CRT-P...

Tax Savings Not Only Benefit to Medtronic-Covidien Deal

August 19, 2014 10:37 am | 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...

FDA Approval for Medtronic’s Attain Performa Quadripolar Lead and Viva Quad CRT-Ds

August 7, 2014 9:47 am | News | Comments

Medtronic, Inc. has announced it has received United States Food and Drug Administration (FDA) approval for the Attain Performa Model 4298 quadripolar lead, and the Viva Quad XT and Viva Quad S cardiac resynchronization therapy defibrillators...

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