Chris Newmarker

Another Glucose Test Strips Recall Reaches Class I Level

Posted in by Chris Newmarker on July 22, 2014
For the second time this year, a recall involving glucose test strips has received a Class I designation from the FDA. The Class I-level incident, which the FDA announced Tuesday, involves Dorado, Puerto Rico–based Diabetic Supply of Suncoast’s voluntary recall of Advocate Redi-Code+ BMB-BA... Continue

Medtronic-Covidien Deal Faces Potential Federal Roadblock

Posted in by Chris Newmarker on July 21, 2014
Medical device giant Medtronic is now facing a small but real possibility that the U.S. government could block its proposed $43 billion merger with Covidien. U.S. Treasury Secretary Jack Lew The problem for Medtronic is that the deal is a “corporate inversion” deal that would allow the Fridle... Continue

Ventlab Resuscitator Bag Recall Gets Class I Status

Posted in by Chris Newmarker on July 21, 2014
Ventlab LLC is recalling manual resuscitator bags because a duckbill valve may stick and prevent air from getting to the patient, the FDA and the company announced. A VentLab VN5000 series resuscitator bag, as shown on the company's website. It's one of the product series involved in the recall... Continue

How to Turn Surgical Robots into Shapeshifters

Posted in by Chris Newmarker on July 16, 2014
A group of U.S. and German researchers think they’ve come upon a materials innovation that could enable deformable surgical robots—and perhaps other types of exotic medical devices.Anette Hosoi, a professor of mechanical engineering and applied mathematics at MIT, and her former graduate student... Continue

Covidien to Roll Out New Ablation System

Posted in by Chris Newmarker on July 16, 2014
Covidien said Wednesday that it will soon fully launch its Emprint Ablation System with Thermosphere Technology in the United States and European Union. Emprint Ablation System with Thermosphere Technology (Photo submitted by Covidien). Company officials boast that the Emprint system is able to p... Continue

Boston Scientific Tries New Size for Lotus Valve System

Posted in by Chris Newmarker on July 15, 2014
Boston Scientific Corp. has received CE Mark for its new 25 mm Lotus Transcatheter Aortic Valve Implantation (TAVI) System, complementing the currently available 23 mm and 27 mm valve sizes.The Lotus Valve System, as shown on Boston Scientific's website. The medical device giant—which recently ... Continue

UPS Increases Focus on Medical Devices

Posted in by Chris Newmarker on July 15, 2014
UPS recently announced it has developed a network of “field stocking locations” (FSLs) meant to reduce delivery time of medical device shipments. The Atlanta-based logistics and shipment giant said Monday that 36 healthcare-capable FSL sites in United States will enable medical device manufa... Continue

How Google and Novartis Might Revolutionize Contact Lenses

Posted in by Chris Newmarker on July 15, 2014
Google’s founders may have recently downplayed the high tech giant’s healthcare plans. But a new partnership with Novartis, announced Tuesday, shows that Google is pretty serious when it comes to one medical device technology: contact lenses.When the news came out in January that Google planned ... Continue

Medtronic, Thermo Fisher Making Largest Medtech Buys

Posted in by Chris Newmarker on July 14, 2014
Whether it involves Medtronic buying Covidien for $43 billion or Thermo Fisher Scientific acquiring Life Technologies Corp. for $13.6 billion, the medical device industry has seen some major mergers and acquisitions deals in 2014. The 10 largest deals Qmed has covered this year are worth about $8... Continue

Abbott Labs Sharpens Device Focus with $5 Billion Sale

Posted in by Chris Newmarker on July 14, 2014
Maybe they should change their name to Abbott Engineering. Abbott Park, IL–based Abbott Laboratories continues to divest itself of pharmaceutical holdings as it focuses more attention on medical devices and diagnostics, with the latest deal involving the multibillion-dollar sale of its develope... Continue