Europe's top court rules that Boston Scientific must cover the cost of replacing defective pacemakers.
Smith & Nephew buys out EuroCiencia Colombia, its distributor in the South American country, for an undisclosed amount.
Smith & Nephew (NYSE:SNN) said yesterday that it acquired its exclusive distributor for Colombia, EuroCiencia Colombia, for an undisclosed amount.
India is reportedly considering raising its import tariff on medical devices by 5%.
The government of India is reportedly considering a 5% hike to the basic customs duty on imported medical devices, which make up 80% of its medtech market.
Medical device imports into India are hit with a tariff ranging from 5% to 10%, according to the Economic Times.
Sorin Group wins Japanese regulatory approval for a next-generation pacemaker implant that's safe for MRI scans.
Sorin Group (BIT:SRN) said it gained regulatory approval in Japan for a next-generation pacemaker implant safe for MRI scans.
Second Sight Medical wins a priority health insurance reimbursement renewal in Germany for the Argus II 'bionic eye' retinal prosthesis.
Stryker officially opens its new European headquarters in Amsterdam as part of its plan to boost market share in Western Europe.
Stryker (NYSE:SYK) last week officially cut the ribbon on its new European headquarters as it plans to increase its market share in Western Europe.