The Medtronic Duet External Drainage and Monitoring System is now the subject of a Class I recall because of concerns that tubing may separate, with serious consequences for patients.
Companies
Zimmer Says New Virage® OCT will Change Perspective on Posterior Spinal Fixation
Zimmer Spine has announced the U.S. market launch of the Virage OCT Spinal Fixation System, an Occipital-Cervico-Thoracic spinal fixation system that it says will change surgeons’ perspective on posterior fixation.
Stryker Snaps up Star Ankle in Small Bone Innovations Acquisition
Stryker Corporation has signed a definitive agreement to acquire assets of Small Bone Innovations, Inc. in an all cash transaction for up to $375 million.
CE Mark for Abbott’s TECNIS® Symfony Extended Range of Vision IOL
Abbott has gained CE mark approval for its TECNIS® Symfony Extended Range of Vision intraocular lens (IOL) for the treatment of cataract patients who may also have a diminished ability to focus on near objects (presbyopia).
European Launch of Covidien’s Pipeline™ Flex Embolization Device
Covidien has announced the launch of its new Pipeline Flex Neuro-Embolization device which is a minimally-invasive flow diversion device for unruptured brain aneurysms, now claiming more accurate, controlled placement.
Medtronic and Covidien a “No-Brainer”
The only news in town this week is that Medtronic and Covidien are to merge, forming a new “offshore” entity. Strategic fit good: Tick. Tax consequences good: Tick.
Benvenue Says $64 Million Financing Sets it up for Rapid Growth in Spinal Markets
Benvenue Medical, Inc. has closed out a $64 million funding round that it says will help it build its US commercial presence and generally support its growth objectives in the degenerative disc and vertebral compression fracture markets.
Wright Medical Group Launches INFINITY® Total Ankle System
Wright Medical’s newly launched system combines a low-profile implant design and seamless integration with PROPHECY® Pre-Operative Navigation Alignment Guides.
TAVI Pendulum Swings Back Edwards Way as Sapien XT Gets FDA Approval
After its main competitor gained approval last week, now Edwards has its own reason to celebrate as the next generation Sapien XT gets the FDA’s nod.
Hill-Rom to Acquire OR Infrastructure Company TRUMPF Medical
Announced at the same time as Medtronic’s acquisition of Covidien, Hill Rom has signed a slightly smaller agreement that will see it buy Trumpf Medical for $250 million.
Tomorrow Your Company’s Ours: Medtronic Swallows Covidien
With a combined revenue of $27 Billion, the acquisition of Covidien by Medtronic makes for one helluva company that promises to have fingers in every conceivable medtech pie.
Strong Clinicals Behind FDA Approval of CoreValve® for High-risk Patients
Strong clinical results from Medtronic’s pivotal CoreValve High Risk study have persuaded the FDA to extend its approval to include patients at high risk for conventional surgery.
Race is on as FDA Panel Vote Leaves C.R.Bard on Verge of First Drug Coated Balloon Approval
Lutonix® DCB is one step closer to becoming the first FDA-approved drug coated balloon for the treatment of patients with femoropopliteal occlusive disease following the FDA Circulatory devices panel vote.
One-Year Results Back Up Vercise™ DBS System in Parkinsons
One year data demonstrate highly significant improvement in motor function for patients with Parkinson’s Disease when treated with Boston Scientific’s Vercise DBS system
Medtronic’s Drug Coated Balloon Aims to be U.S. First for Peripheral Artery Disease
Medtronic has submitted the final module of its PMA application. A successful outcome would make the IN.PACT Admiral drug-coated balloon the first of its kind approved for Peripheral Artery Disease.
FDA Approval for Covidien’s Neurovascular Micro Catheter
Covidien’s Apollo™ Onyx™ delivery Micro Catheter with Detachable Tip has gained FDA approval and will enhances the company’s Onyx™ Liquid Embolic System.