Medical Device Industry News

  • Michigan Company Recalls Single-Lumen Catheters

    The Class I recall is just the latest in a series of catheter recalls for U.S. companies.Nancy CrottiA Michigan company is recalling certain single-lumen catheters due to the potential for excess material to separate from the catheter and enter a patient’s bloodstream.

  • Medtronic to Cut Jobs in Twin Cities

    Some lower-skilled jobs in Columbia Heights, MN, will be outsourced to the Philippines.Maureen Kingsley

  • Patent Battle Between Bos Sci and Nevro Heats Up

    The two companies have been clashing over intellectual property since shortly after Nevro’s Senza spinal cord stimulation system was approved by FDA last year.Jamie Hartford

  • Medtronic and Fitbit Team Up To Tackle Diabetes

    The companies are working together to integrate health and activity tracking technologies to offer a simplified solution for type 2 diabetes management.Kristopher SturgisShown is a sample pattern snapshot showing the data provided by the iPro2 system.

  • $1 Billion Medtech IPO Bites the Dust

    Citing lousy market conditions, wound care and regenerative medicine company Acelity has withdrawn its application to launch an initial public offering.Nancy CrottiA Texas medtech company that announced plans to launch an IPO expected to raise $1 billion last August has scrapped those plans.

  • Senate Passes 21st Century Cures Act

    President Obama said he will sign the bill into law as soon as it reaches his desk, which will usher in some long-awaited benefits for the medtech industry. Qmed Staff

  • Investor Sues Zimmer Biomet Over Alleged False and Misleading Statements

    A new lawsuit claims the orthopedics company knew that supply-chain problems were hurting sales but didn’t tell investors in a timely fashion.Nancy CrottiAn investor in Zimmer Biomet Holdings Inc. has filed a class-action lawsuit alleging that the orthopedic giant misled investors last year about its financial performance.

  • Verily Adds to Liftware Assistive Technology Line

    Formerly known as Google Life Sciences, Verily Life Sciences has launched Liftware Level computerized utensils for mobility-impaired individuals. Maureen Kingsley

  • J&J Ordered to Pay $1 Billion Over Metal-on-Metal Hips

    The company says it plans to immediately appeal the verdict, which ordered the company to pay over $1 billion in compensatory and punitive damages to six plaintiffs who were implanted with defective hip devices. Kristopher Sturgis

  • Teleflex Shelling Out $1 Billion to Buy Vascular Solutions

     The deal caps an eventful year for Vascular Solutions and its CEO, Howard Root.Maureen Kingsley