Category: CareFusion Corp.
The FDA wants CareFusion to stop selling its anesthesia breathing circuit and the Denver ascites shunt and percutaneous access kit until it applies for clearance for changes made to the devices and clears up some quality control issues at a plant in Illinois.
Here's a look at some of the top Wall Street stories for medical device companies this week: Wright Medical launches Infinity total ankle implant; Investors fire life science VC Burrill from his own fund; CareFusion hits new high, confirms layoffs and outsourcing to Mexico; Allergan urges shareholders to reject Valeant's $52B hostile takeover bid
Medtech giant CareFusion hits a new 52-week Wall Street high and confirms plans to fire nearly 400 employees as it moves manufacturing from New Jersey to Mexico.
Updated 6/24/2014 at 5:20 p.m. EST with comments from CareFusion.
Here's a look at some of the top Wall Street stories for medical device companies this week: Is Boston Scientific's peripherals buy bad news for Cardiovascular Systems?; M&A: Medtech makers use acquisitions to fill niches; Report: Deals in the medical device sector rose 200% in Q1; CareFusion plans $1B debt offering; Activist investor Oracle revives proxy war at Biolase.
FDA medtech regulators put their highest-risk label on another recall of CareFusion's Alaris infusion pumps over a software failure.
The FDA this week put its highest-risk Class I label on CareFusion's (NYSE:CFN) latest Alaris infusion pump recall, saying that a software failure in certain models may harm patients.
CareFusion says it's prepping an offering of senior notes worth an aggregate $1 billion.
CareFusion (NYSE:CFN) said it plans to offer $1 billion worth of senior notes, aiming to use the proceeds to repay another, $450 million worth of senior debt that's coming due this year.
Here's a look at some of the top personnel stories for medical device companies this week: CareFusion taps Boston Scientific exec Bose for board | Personnel Moves, Ex-clinical affairs veep Napoli sues Wright Medical, Medtech makers continue shift in CEO pay, Medtronic taps GE Healthcare exec to lead diabetes unit
Wright Medical Group Inc.
, Aurora Spine
, Boston Scientific
, Bovie Medical Corp.
, CareFusion Corp.
, Elekta AB
, Morgan Stanley
, Neovasc Inc.
, OrthoAccel Technologies Inc.
, Rotation Medical Inc.
, Unilife Corp.