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Medical Devices
Apr 9, 2015Micropacemaker is but another example of the how the trend of miniaturization is gaining momentum in healthcare. As medical devices become tinier, they may help the tiniest patients. The FDA has given humanitarian approval to the ...
Tags: Tiny Pacemaker, medical devices
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Dexcom Is Using The Soon-to-Be Released Apple Watch for Its Wearable Glucose Monitor
Feb 12, 2015Dexcom is using the soon-to-be released Apple Watch for its wearable glucose monitor. The Apple Watch showing a heartbeat. (Image courtesy of Apple) Nancy Crotti In the highly competitive, continuous-glucose-monitoring device ...
Tags: Apple Tech, Diabetes Tech
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The Impact of Foreign Currency Held Down Sales Growth in The Fourth Quarter Ended January
Jan 16, 2015Posted in Medical Device Business by Nancy Crotti on January 14, 2015 As the U.S. dollar strengthens amid global economic uncertainty, travelers aren’t the only ones affected. Major medtech companies including St. Jude Medical and ...
Tags: Medical Device, Health
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Posted in Medical Device Business by Nancy Crotti on January 8, 2015
Jan 9, 2015Posted in Medical Device Business by Nancy Crotti on January 8, 2015 The medical device tax is the issue that won’t go away. Elected officials and medical device companies began railing against Obamacare’s medical device tax ...
Tags: medical device tax, Health
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BCR to Settle Outstanding Pelvic Mesh Lawsuits
Dec 15, 2014Posted in Medical Device Business by Nancy Crotti on December 12, 2014 A federal judge has warned C.R. Bard Inc. (BCR) to settle outstanding pelvic mesh lawsuits or face billions of dollars in jury awards to plaintiffs, according to a ...
Tags: mesh lawsuits, plaintiffs, Health
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BSX Must Pay a Total of $26.7 Million to Four Injuerd Women
Nov 24, 2014Posted in Medical Device Business by Nancy Crotti on November 20, 2014 A federal jury in Miami has concluded that Boston Scientific Corp. (BSX) must pay a total of $26.7 million to four women who claimed the company’s Pinnacle ...
Tags: Pinnacle pelvic, Medical Device, Health
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The Study of St. Jude Heart Sensor Cuting Readmission Rate
Nov 21, 2014A miniaturized heart-failure monitor recently acquired by St. Jude Medical (St. Paul, MN) from an Atlanta-based startup named CardioMEMS reduced 30-day hospital readmission rates for patients over 65, according to an analysis of the ...
Tags: Heart Sensor, Readmission Rate
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Four Companies Turned Things Around After Facing Rough Starts in Early 2014
Sep 23, 2014This year is proving to be a pretty good year for many medtech companies. The majority of the largest 40 have seen their stock prices rise by double-digit percentages in 2014, according to a Qmed analysis. Meanwhile, only eight have seen ...
Tags: Medtech Companies, Medical device
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General Says IRS Needs to Do a Better Job Collecting Medical Device Excise Tax
Aug 25, 2014The U.S. Treasury Inspector General for Tax Administration says the IRS needs to do a better job collecting the medical device excise tax created under Obamacare. The inspector general looked at 5,107 Forms 720 from the first half of 2013 ...
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Posted in Medical Device Business by Nancy Crotti on July 29, 2014
Aug 14, 2014Like the kid on the playground who watches others hop on and off the spinning merry-go-round, Boston Scientific says it will sit out the current whirl of medtech mergers. Following last week’s second-quarter earnings report, ...
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The Medtech Jobs Picture Looked Rosy in 2013
Aug 14, 2014The medtech jobs picture looked rosy in 2013, with the top 15 device makers in hiring mode, according to an EP Vantage report out this week. Excluding pharmaceutical spinoffs, these companies expanded their collective workforce by 6%, the ...
Tags: Medtech Jobs, Health, Medicine
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Israel Has Been a Hotbed of Medical Technology for Well Over a Decade
Feb 8, 2014There were several in the past few months alone – Covidien acquired Given Imaging for $860 million (this is Covidien’s fourth Israeli company acquisition in a little over 18 months); Baxter acquired FlowSense for $9.5 million; ...
Tags: medical technology, medical device
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Several Medtech Companies Flourished in The Past Year While Several Stumbled
Dec 20, 2013Despite significant headwinds, several medtech companies flourished in the past year while several stumbled. Here are five of the most successful: DexCom, a glucose monitoring specialist, has seen the value of its stock nearly triple in ...
Tags: medical device, medtech companies
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German-Based Endoscope Manufacturer Is Taked Over by Endochoice
Jan 14, 2013US gastrointestinal endoscopy company EndoChoice has purchased German-based endoscope manufacturer RMS Endoskopie-Technik. Under the acquisition, Full Spectrum Endoscope, a portfolio product of Peer Medical which is now merged with ...
Tags: EndoChoice, RMS Endoskopie-Technik, purchase, endoscope