Integra LifeSciences Holdings Corporation (IART) Buys Ascension Orthopedics, Inc. for $65 Million

Integra LifeSciences Holdings Corporation (Nasdaq:IART) and Ascension Orthopedics, Inc. (“Ascension”) today announced an agreement for Integra to acquire Ascension, a provider of high quality, innovative products for the foot, hand and shoulder markets, for approximately $65 million in cash, subject to adjustments.

Medtronic Reports Positive Results with CoreValve and Acquisition of Peak Surgical, Salient Surgical Technologies

Investigators reported that cardiac survival of patients, who were implanted with the 21F CoreValve system in 2005 and 2006, was 77.9 percent at two years and 68 percent at four years; in other Medtronic news, company announces completing the acquisition of Peak Surgical Inc. and Salient Surgical Technologies Inc.

IOM to FDA: Ditch the 510(k) clearance program for medical devices

The Institute of Medicine’s much-anticipated independent review of the FDA’s 510(k) clearance program for medical devices recommends that the entire program be scrapped in favor of a new protocol to ensure the devices are safe and effective. Medtronic officials and Sen. Scott Brown (R-Mass.) react.

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