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Chris Newmarker
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Philips Utilizes Another Top Medtech Talent
Apr 7, 2015Posted in Medical Device Business by Chris Newmarker on April 3, 2015 Robert Cascella was previously CEO of Hologic. He joins Philips as the Dutch multinational increasingly focuses on what it calls HealthTech. Robert Cascella, who ...
Tags: Philips, LED components, Medicine
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Medtronic Spends $4.4 Million Settling Country-of-Origin Lawsuit
Apr 7, 2015Medtronic made no admission of guilt in the settlement with the U.S. Department of Justice, which claimed Medtronic misled the military about the origin of its medical devices. Chris Newmarker Medtronic will pay $4.4 million to settle a ...
Tags: Chris Newmarker, medtech giant, Medicine
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Medtronic Is Back at Renal Denervation
Apr 3, 2015Symplicity Spyral Multi-electrode Renal Denervation Catheter (Image courtesy of Medtronic) The medtech giant isn’t giving up yet on renal denervation, if a new announcement is any indication. Chris Newmarker Medtronic is ...
Tags: Medtronic, Chris Newmarker, Medicine
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Philips Tries to Stop $2.8 Billion Deal
Apr 2, 2015Dutch multinational announces sale of its LED components and automotive lighting business as it turns toward new HealthTech focus. Chris Newmarker Royal Philips has set the wheels in motion when it comes to a split-up of the company ...
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FDA Has Cleared The Way for Medtronic Corevalve
Apr 2, 2015CoreValve becomes first transcatheter heart valve approved for valve-in-valve procedures. Chris Newmarker Rendering of the CoreValve right after its transcatheter deployment. (Image courtesy of Medtronic) FDA has cleared the way for ...
Tags: FDA, Medicine, Medical Device
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Google Medtech News
Feb 2, 2015Posted in Mobile Health by Chris Newmarker on January 30, 2015 Why would two women who visit the doctor with identical early symptoms of multiple sclerosis have vastly different outcomes 10 years later? That’s what pharmaceutical ...
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The Reason Why Medtronic's Move Has Been So Unfortunate
Jan 30, 2015Posted in Medical Device Business by Chris Newmarker and Brian Buntz on January 28, 2015 Medtronic is expected to enjoy lower corporate taxes now that it has moved its official headquarters from the U.S. to Ireland through its merger with ...
Tags: credit rating, Health
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Hill-Romused Facing a Lawsuit for Squeezing out Competitors in The Hospital Rental Market
Jan 16, 2015Posted in Medical Device Business by Chris Newmarker on January 14, 2015 Hill-Rom—the dominant player in the U.S. hospital bed market—is facing a federal lawsuit in western Texas that alleges that the company has used its ...
Tags: Hospital Bed Maker, Health
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A New Medtronic Based Created in Ireland
Jan 14, 2015Posted in Medical Device Business by Chris Newmarker on January 12, 2015 The Irish High Court has agreed to hold a hearing January 26 to decide on the proposed $48 billion merger between Medtronic and Covidien, according to a Monday ...
Tags: Medical Device Business, U.S.tax, Health
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Five Companies with The Most Stock Price Growth Over 2014
Dec 15, 2014Posted in Medical Device Business by Chris Newmarker on December 11, 2014 2014 has turned out to be a pretty decent year for the world’s 40 largest medical device companies: Only six of them have seen their stock prices decline, and ...
Tags: Medical Device, Health
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Philips Recall Moldy Infant Head and Body Cradlers
Dec 3, 2014Posted in Medical Device Assembly by Chris Newmarker on December 2, 2014 Sometimes a fix for a problem really doesn’t entirely solve the problem. And that seems to be exactly what happened to Philips Healthcare’s ...
Tags: Medical Ventures, Health
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Posted in Medical Device Business by Chris Newmarker on November 24, 2014
Nov 26, 2014Posted in Medical Device Business by Chris Newmarker on November 24, 2014 Stryker executives are once again examining a possible buy of London-based Smith & Nephew and its $4.4 billion-a-year medical device business, according to a ...
Tags: Medical Device Business, Health
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Medtronic Hasn't Slowed Down on Its Appetite for Using Apple Technology
Aug 14, 2014Medtech giant Medtronic apparently hasn't slowed down on its appetite for using Apple technology internally—even as the iconic tech company is signaling its interest to compete more actively in the healthcare market. Fridley, ...
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Medtronic's Symplicity System Failed on Efficacy in a Pivotal U.S. Clinical Trial.
Jan 16, 2014Posted in Cardiovascular by Chris Newmarker on January 15, 2014 Boston Scientific CEO Mike Mahoney remains optimistic about renal denervation and the company’s Vessix platform, even though Medtronic’s Symplicity system failed ...
Tags: Boston Scientific, Mike Mahoney, renal denervation, Vessix platform
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Pixium Vision Announced Monday That It Has Won €15 Million
Nov 28, 2013Posted in Implantable devices by Chris Newmarker on November 26, 2013 Investors apparently see promise in retinal implant systems and their potential to make the blind see again. Pixium Vision—a 2-year-old French company ...
Tags: Pixium Retinal, implant, technology, win, investment