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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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J&J's Fourth-Quarter Medical Device Sales Fell by 4.7%, to $6.6 Billion
Jan 26, 2015Johnson & Johnson’s fourth-quarter medical device sales fell by 4.7%, to $6.6 billion, with the biggest drop (7.7%) in the U.S., the company announced this week. Total fourth-quarter sales were down 0.6% year-over-year, to $18.3 ...
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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Medtech Giant St. Jude Medical Announced a Major Reorganization and Leadership Changes
Feb 7, 2014Medtech giant St. Jude Medical announced a major reorganization and leadership changes on Tuesday. The Little Canada, MN–based company says its two operating divisions will be integrated into one research and development ...
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Alverix collaborated with BD in the design and development of the BD Veritor System
Jan 9, 2014Global medtech giant Becton, Dickinson and Co. is boosting its point-of-care testing offerings through its $40 million acquisition of Alverix Inc., a privately-held diagnostic instrument company. Known for its optoelectronics expertise, ...
Tags: BD, Testing Offerings, Alverix Acquisition