Medical Device Business

1116 Medical Device Business Articles
Posted in Medical Device Business by amanda.pedersen on April 24, 2017
Becton, Dickinson and Company (BD) gave a lot of shareholders sticker shock Sunday with the news of its $24 billion pending acquisition of C.R. Bard Inc. But this isn’t BD’s first blockbuster M&A rodeo, and both management teams painted a pretty interesting picture of what the combined entit... Continue
Posted in Medical Device Business by MarieThibault on April 20, 2017
In the medical device subsector, both the volume and total value of deals in the first quarter of 2017 were lower than in the prior and year ago quarters.Marie ThibaultVenture capital funding for medical device companies may have rallied during the first quarter of 2017, but deal volume and value fo... Continue
Posted in Medical Device Business by amanda.pedersen on April 19, 2017
Abbott CEO Miles White sees Alere as “a fixer-upper,” and said the company will divest some parts of the business after the amended deal closes.Amanda Pedersen Abbott CEO Miles White isn’t one to tiptoe around the elephant in the room. So, when it came time for questions during the compan... Continue
Posted in Medical Device Business by amanda.pedersen on April 19, 2017
Abbott CEO Miles White told investors that the company is "all over everything" in its recent FDA warning letter, and that the company will be looking at all of its manufacturing plants, not just the Sylmar, CA-based facility addressed in the letter.Amanda Pedersen Abbott Laboratories smashed f... Continue
Posted in Medical Device Business by MarieThibault on April 19, 2017
Johnson & Johnson executives offer insights into their view for the company’s medical device business, which is undergoing a transformation.Marie ThibaultJohnson & Johnson’s latest medical device transactions pale in size compared to the company’s $30 billion deal to pick up Actelion a... Continue
Posted in Medical Device Business by amanda.pedersen on April 18, 2017
Cardinal Health’s $6.1 billion deal for three Medtronic businesses is everything the company hoped it would be, but the stock plunged anyway based on lowered earnings guidance.Amanda Pedersen  Cardinal Health Inc. has had eyes on certain parts of Medtronic’s patient monitoring and reco... Continue
Posted in Medical Device Business by amanda.pedersen on April 17, 2017
A Baxter employee has received a grand jury subpoena in connection with a criminal investigation into the company's IV saline business.Amanda Pedersen  Baxter Inc.’s shares slipped Monday, the first trading day after the company disclosed Friday in an SEC filing that one of its employees... Continue
Posted in Medical Device Business by Jamie Hartford on April 14, 2017
This is how salaries compare for different engineering disciplines within the medical device industry.The schooling might be tough and the work challenging, but when it comes to compensation, engineers working in the medical device industry aren’t doing too shabby. Last year, engineers in medtech ... Continue
Posted in Medical Device Business by amanda.pedersen on April 14, 2017
After a year of fighting and lawsuits, Abbott Laboratories and Alere Inc. have agreed to make up and tie the knot after all – in a new deal worth about $5.3 billion.Amanda Pedersen  Breaking up is hard to do, especially when a multi-billion contract is at stake.Perhaps that realization i... Continue
Posted in Medical Device Business by Nancy Crotti on April 13, 2017
A European study of Novocure's tumor-treating fields technology yielded encouraging results for patients with a deadly cancer.Nancy Crotti  A recent small study of low-intensity, alternating electric fields in treating pancreatic cancer suggests longer survival times.Novocure (St. Helier, ... Continue
Posted in Medical Device Business by MarieThibault on April 12, 2017
The medical device and equipment sector enjoyed a strong rebound in investment during the first quarter of this year. These 10 medical device and equipment companies closed the biggest funding rounds in the industry.Marie ThibaultThe healthcare sector saw an influx of investments in the first q... Continue
Posted in Medical Device Business by amanda.pedersen on April 12, 2017
A jury has found SurgiQuest, a subsidiary of Conmed Corp., liable for a total of $12.2 million in damages related to false advertising claims. Conmed said it will try to appeal the verdict.  Amanda Pedersen False advertising is a costly offense – just ask SurgiQuest Inc.A jury has f... Continue
Posted in Medical Device Business by amanda.pedersen on April 11, 2017
Several early-stage medtech firms across a range of therapeutic areas have reported financing rounds in the past week, which could be a good sign for the industry. Amanda Pedersen  Pittsburgh-based ALung Technologies Inc. is the latest of several medtech companies to announce a new fi... Continue
Posted in Medical Device Business by amanda.pedersen on April 10, 2017
Johnson & Johnson's Codman Neuro, the business Integra Lifesciences is gearing up to buy for $1.05 billion, scooped up Irish stroke therapy company Neuravi Limited. Amanda PedersenNeuravi Limited developed the EmboTrap clot-retreival device to restore blood flow to the brain. Neuravi launch... Continue
Posted in Medical Device Business by amanda.pedersen on April 6, 2017
 Medtronic may be close to selling its medical supplies business to Cardinal Health for $6 billion, although neither company has confirmed yet that a deal is in the works.Amanda Pedersen Medtronic may be close to cutting a $6 billion deal with Cardinal Health for its medical supplies unit,... Continue
Posted in Medical Device Business by amanda.pedersen on April 5, 2017
A growing number of flawed device cases are going to court, according to the lawyer representing a New Mexico man who was just awarded more than $2 million in a product liability case against Zimmer Biomet for a faulty hip implant.Amanda Pedersen Following a two-week bench trial, Zimmer Biomet ... Continue
Posted in Medical Device Business by amanda.pedersen on April 4, 2017
Nadim Yared begins his two-year term as AdvaMed chairman at a time when the U.S. healthcare system is in a state of limbo, but he has a "roadmap" of priorities that should help guide him along the way.Amanda PedersenNadim Yared has his work cut out for him. The president and CEO of Maple Grove, MN-b... Continue
Posted in Medical Device Business by amanda.pedersen on March 31, 2017
Updated on April 3, 2017, with comments from J&B Medical Supply. Two Roche units have accused several pharmacies and medical suppliers of padding their own pockets by exploiting price differences of diabetes test strips sold under two different types of insurance plans.Amanda Pedersen ... Continue
Posted in Medical Device Business by Kristopher Sturgis on March 31, 2017
Updated on April 3, 2017, to include interview comments from the researcher leading this study. Researchers devise a new strategy that involves tethering hundreds of nanoparticles to individual tumor cells to make them more vulnerable to drug treatments.  Kristopher Sturgis A new stud... Continue
Posted in Medical Device Business by Nancy Crotti on March 31, 2017
Owlstone Medical will use new funding to commercialize its early-detection technology.Nancy CrottiOwlstone Medical's FAIMS platform is designed to detect disease biomarkers in breath. A British company developing “breath biopsy” technology to detect early-stage cancer has landed an investme... Continue