Medical Device Industry News

  • Abbott CEO Buys $15 Million in Stock

    Abbott Labs CEO Miles White is obviously positive about the company’s situation amid pending purchases of St. Jude Medical and Alere.Chris NewmarkerCount Abbott Laboratories CEO Miles White among those who see the company’s stock as a good buy.

  • Boston Sci's Watchman Takes Heat

    U.S. FDA and CMS approvals were based on incomplete information, according to a prominent cardiologist.Nancy CrottiA prominent cardiologist is calling for colleagues to stop using Boston Scientific’s Watchman device, which is meant to prevent strokes in patients with atrial fibrillation.

  • BD Wants to Boost Insulin Infusion Tech

    The company's focus is on a specific technology that would help enable a true artificial pancreas for type 1 diabetes patients. Maureen Kingsley

  • Siemens Healthineers IPO Planned

    The German engineering giant cites a changing healthcare industry as the reason for spinoff. Nancy Crotti Siemens AG is planning an initial public offering for its healthcare business, in a move that sent its stock price higher.

  • Boston Scientific Launches Kidney Stone Device

    The Dakota kidney stone retrieval device is meant to reduce procedure times and eliminate complications.Chris Newmarker

  • St. Jude Pacemaker Wins MRI Compatibility Approval in E.U.

    Patients with its Quadra Allure device will be able to undergo 1.5T MRI scans. Nancy Crotti

  • Siemens Boosts Health Informatics Offerings With Acquisition

    The purchase of Conworx Technology will help Siemens provide open connectivity for more than 100 medical devices. Chris Newmarker

  • Turns Out Medical Devices Can Be Suspicious

    One caused the evacuation of a college building in New Jersey. Qmed Staff

  • Wright Medical Settles Hip Implant Suits for $240 Million

    The master settlement agreement covers about 85% of the known claims Wright had been facing in the U.S. over metal-on-metal hip implants. Chris Newmarker Wright Medical Group will spend $240 million to settle 1292 lawsuit claims related to its Conserve, Dynasty, and Lineage metal-on-metal hips. The settlement will be funded through $180 million in cash and $60 million in insurance recoveries, the Memphis, TN–based company said November 2.

  • Abbott Sues Alere for Breach of Contract

    The medtech giant is also offering E.U. concessions in its proposed acquisition of St. Jude Medical. Nancy Crotti