Medical Device Industry News

MassDevice.com +3 | The top 3 medtech stories for Apr. 18, 2014

April 18, 2014 by MassDevice

Plus 3

Say hello to MassDevice +3, a bite-sized view of the top three medtech 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.

 

Medtronic touts Endurant stent graft data

April 18, 2014 by Brad Perriello

Medtronic touts positive data from a pair of clinical trials for its Endurant stent graft for treating abdominal aortic aneurysms.

Medtronic touts Endurant stent graft data

Medtronic (NYSE:MDT) said data from a pair of clinical trials evaluating its Endurant stent graft for abdominal aortic aneurysms "affirm the Endurant stent graft's durable, consistent and proven outcomes."

Cayenne Medical sues MedShape over soft tissue anchor

April 18, 2014 by Brad Perriello

Cayenne Medical levels a patent infringement lawsuit against MedShape over soft tissue anchor technology.

Cayenne Medical sues MedShape over soft tissue anchor

Cayenne Medical filed a lawsuit against rival MedShape Inc., alleging infringement of 2 of its patents covering its AperFix soft tissue anchor by MedShape's ExoShape device.

The lawsuit, filed in the U.S. District Court for Arizona, alleges that MedShape hired former Cayenne salespeople with knowledge of the 2 patents at issue, which cover Cayenne's AperFix device.

ForSight Vision5 lands $15M Series C round

April 18, 2014 by Brad Perriello

ForSight Vision5 says it landed a $15 million Series C round for its Helios ocular insert.

ForSight Vision5 lands $15M Series C round

ForSight Vision5, which is developing devices to treat front-of-the-eye conditions such as glaucoma and dry eye disease, said it pulled down a $15 million Series C round.

ForSight Vision5 is a spinout of ForSight Labs, a Menlo Park, Calif.-based incubator focused on developing ophthalmic treatments.

Covidien lands FDA OK for camera-equipped feeding tube

April 18, 2014 by Arezu Sarvestani

Covidien touts FDA clearance for its novel camera-equipped Kangaroo feeding tube designed to provide visualization for an otherwise blind procedure.

Covidien lands FDA OK for camera-equipped feeding tube

Medtech titan Covidien (NYSE:COV) received FDA clearance for its visual Kangaroo feeding tube, equipped with an endoscopic camera that allows physicians to see into the procedure in a new way.

Virginia doc gets jail time in Orthofix probe

April 18, 2014 by Brad Perriello

A Virginia podiatrist is sentenced to jail time for lying to a grand jury about her involvement in a scheme to defraud Medicare by collecting reimbursement for procedures using Orthofix's bone growth stimulator.

Virginia doc gets jail time in Orthofix probe

Virginia podiatrist Dr. Ilene Terrell drew a jail sentence yesterday for lying to federal investigators probing Orthofix International (NSDQ:OFIX) and its bone-growth stimulators.

Another recall for Spacelabs Healthcare's Arkon anesthesia system

April 18, 2014 by Brad Perriello

The FDA slaps Spacelabs Healthcare with a Class I recall of its Arkon anesthesia system due to a software bug.

Another recall for Spacelabs Healthcare's Arkon anesthesia system

The FDA slapped Spacelabs Healthcare with a Class I recall after the medical device company pulled 16 of is Arkon anesthesia delivery devices due to a software bug.

The recall, of the Arkon device equipped with version 2.0 software, involves devices sold to hospitals in North Carolina and South Carolina, according to the FDA. The Class I recall status denotes a problem that could cause serious injury or death.

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