Welcome to MassDevice’s annual audit of the ups, downs and in-betweens of the year that was. For the medical device industry, 2012 was more or less defined by efforts to undermine the medical device tax and ride through economic turbulence.
Here’s the close of the top 10 stories of the year for the medical device world. Stay tuned in 2012 for the trends that continue to shape the industry!
Zimmer planed cuts and outsourcing at its Warsaw, Ind., headquarters partially to offset the impending burden of a 2.3% medical device tax.
A report in the Wall Street Journal claimed that Stephen MacMillan’s February 9th resignation from Stryker came after the company’s board learned of an affair with a former employee.
Medtronic gets half-way through a 2012 restructuring plan, expecting to cut another 500 positions in hopes of saving up to $125 million per year.