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Neuro
Implanted Device Controls Rheumatoid Arthritis
A nerve-stimulating electrical implant could give people a drug-free alternative to current treatments. In early human tests, SetPoint Medical…
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Recon
‘Shocked’ Wright CEO Plans Appeal on Augment ‘Not Approvable’ Letter
Wright Medical said it will appeal the FDA’s decision not to approve the Augment bone graft as an alternative to…
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The FDA’s Medical Device Program Is Broken
In July, a subcommittee of FDA’s Science Board released a cleared-eyed 37-page report on what it called the “financial and strategic threats”…
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Uncategorized
CareFusion Offsetting Device Tax with Restructuring and Benefits Reduction
CareFusion (San Diego, CA) is a global medical technology provider, offering systems that reduce healthcare-associated infections and medication errors. The…
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Hospitals
How Cuts and Taxes Are Affecting the Medical Device Industry
The U.S. medtech sector delivers lifesaving technologies and provides almost 2 million jobs each year, but the industry is being…
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Uncategorized
U.S. Medical Device Industry In Critical Condition
Medical devices are something of an orphan sister to the glamour of drugs, but they include some of the genuine…
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Uncategorized
Former CEO and Former CFO of ArthroCare Corp. Charged with Orchestrating $400 Million Securities Fraud Scheme
WASHINGTON—The former chief executive officer and former chief financial officer of ArthroCare Corp., a publicly traded medical device company based…
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Recon
Wright Medical SELLS Recon Business!!
Wright Medical Group, Inc. and MicroPort Scientific Corporation Enter Into Definitive Agreement Under Which MicroPort Will Acquire Wright’s OrthoRecon Business…
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Spine
Globus Medical Announces Jury Verdict in Patent Infringement Lawsuit
AUDUBON, Pa.–(BUSINESS WIRE)– Globus Medical, Inc. (GMED), a leading spinal implant manufacturer, today announced that the jury in a patent infringement case…
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Uncategorized
Breaking News – Medtronic Sues
As a follow-up to our post from Friday regarding Medtronic’s IP lawsuits, we have uncovered additional information on the alleged…
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Spine
Medtronic new line of Business? IP Trolling?
On June 5, 2013 a never heard of before Dallas based company Orthophoenix, LLC filed multiple patent infringement cases against…
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Uncategorized
TranS1 Inc. Announces Closing of Acquisition of Baxano, Inc. and Financing Transaction; Changes Name to Baxano Surgical, Inc.
Trading under new ticker symbol “BAXS” to begin June 3, 2013 Completes financing of $17.2M at $2.28/share Two directors and…
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Uncategorized
Zimmer Acquires Knee Creations, LLC’s Business
Zimmer Expands Portfolio of Technologies Addressing the Continuum of Care for Knee Patients with Addition of Unique Subchondral Joint Preservation…
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Spine
SpineGuard IPO drums up $11M
SpineGuard says its initial public offering raised €8 million, or about $11 million, for its PediGuard pedicle screw guide. SpineGuard…
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Hospitals
Michael D. Drobot-Owned Pacific Hospital and Pharmacy Raided by Feds Suspecting Fraud
Federal agents recently raided Industrial Pharmacy Management LLC in Newport Beach and Pacific Hospital of Long Beach, which are companies…
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