Category: CovidienSyndicate content

Med-tech trends: The most talked about device makers in October 2012

November 2, 2012 by MassDevice staff

MassDevice.com looks at the internet chatter surrounding the medical device industry with some of most searched-for companies of the last month.

chart

Click to enlarge.

MassDevice.com looked at some of the most talked-about medical device companies, based on trends in U.S. Google searches for the last 30 days.

Get the complete picture with a MassDevice Plus membership. Registered users can login here.

Covidien lands U.S., Euro wins for bedside monitoring

October 4, 2012 by MassDevice staff

Covidien lands 510(k) clearance for its Nellcor bedside respiratory patient monitoring system, which aims to reduce costs and service disruptions.

Covidien logo

Medical device company Covidien (NYSE:COV) landed FDA 510(k) clearance and European CE Mark approval for the Nellcor bedside respiratory patient monitoring system, which will help clinicians detect and respond to dangerous respiratory events sooner, the company said.

AngioDynamics wins $17M in lawsuit against Biolitec

October 4, 2012 by MassDevice staff

A federal judge awards AngioDynamics nearly $17 million in damages in a breach of contract lawsuit filed against the German medical laser maker.

AngioDynamics
Biolitec

Get the complete picture with a MassDevice Plus membership. Registered users can login here.

Covidien forebear Tyco pays $26M to settle overseas bribery beef

September 24, 2012 by MassDevice staff

Tyco International, forebear of medical device industry titan Covidien, settles a federal bribery probe for $26 million after investigators find that Tyco Healthcare used illegal payments to influence doctors and public health professionals in Saudi Arabia, China and Poland.

Tyco Healthcare logo

Security giant Tyco International (NYSE:TYC), father of medical device company Covidien (NYSE:COV), agreed to pay a $26 million settlement to close the books on an international bribery scandal that involved health officials in Saudi Arabia, China and Poland.

Get the complete picture with a MassDevice Plus membership. Registered users can login here.

Update: U.K. issues new alert on Covidien breathing tube recall

September 20, 2012 by MassDevice staff

U.K. health regulators updated an ongoing recall of medical device company Covidien's potentially leaky breathing tubes.

Covidien logo

The U.K.'s Medicines & Healthcare products Regulatory Agency issued a new alert on an ongoing recall of Covidien's (NYSE:COV) cuffed Shiley tracheostomy tubes, urging healthcare providers to identify and quarantine the devices as soon as possible.

Get the complete picture with a MassDevice Plus membership. Registered users can login here.

Layoffs: Medical device companies cut 2,000 jobs in 2 months

September 14, 2012 by MassDevice staff

Cost-cutting moves by medical device companies have resulted in the loss of more than 2,000 jobs over the past 2 months.

layoff image

Medical device companies are molting at a reptilian rate, shedding more than 2,000 jobs over the past 2 months as they look to slash costs across the board.

Several of the med-tech companies that are scrapping jobs say the 2.3% medical device excise tax in the Patient Protection and Affordable Care Act, slated to begin in January 2013. Others deny that the tax is the sole cause of their moves, saying it's a factor but not determinative.

Get the complete picture with a MassDevice Plus membership. Registered users can login here.

MassDevice.com +3 | The top 3 med-tech stories for Sept. 13, 2012

September 13, 2012 by MassDevice staff

Say hello to MassDevice +3, a bite-sized view of the top three med-tech stories of the day. This feature of MassDevice.com's coverage highlights our 3 biggest and most influential stories from the day's news to make sure you're up to date on the headlines that continue to shape the medical device industry.

If you read nothing else today, make sure you're still in the know with MassDevice +3.

Get the complete picture with a MassDevice Plus membership. Registered users can login here.

Built on an AdaptiveTheme using Drupal by Michael Knapp  mknapp