Medical Device Industry News

St. Jude Medical says FDA clears Texas neuromodulation plant

August 27, 2014 by Brad Perriello

St. Jude Medical says the FDA cleared a 2009 warning letter issued over a plant in Plano, Texas, that makes neuromodulation devices.

St. Jude Medical says FDA clears Texas neuromodulation plant

Medtronic buys out NGC Medical in $350M deal

August 27, 2014 by Brad Perriello

Medtronic buys out the remaining stake in NGC Medical, an Italian company that manages ORs, cath labs and ICUs for hospitals, in a deal valued at $350 million.

Medtronic buys out NGC Medical in $350M deal

Medtronic (NYSE:MDT) said today that it bought out the remaining 70% share of NGC Medical SpA in a deal valuing the Italian hospital management provider at $350 million.

Funding: Medtech VC jumps in Q2, but not for early-stage companies

August 27, 2014 by Arezu Sarvestani

Total venture capital dollars invested in medical device companies jumped more than 20% during the 2nd quarter, but early-stage companies are still out in the cold.

Funding: Medtech VC jumps in Q2, but not for early-stage companies

Life science venture capital funding saw a major boost in the 2nd quarter as public markets smiled on biotech companies, but medical device makers saw a significant boost of their own – as long as they weren't early-stage firms.

Word on the street: Apple's meeting with major healthcare groups | MassDevice.com On Call

August 27, 2014 by Arezu Sarvestani

Apple's interest in the health space is only growing as the tech giant takes meeting with payors in addition to hospitals and electronic medical record providers.

MassDevice.com On Call

MASSDEVICE ON CALL — Apple's (NSDQ:AAPL) foray into healthcare appears to be accelerating as the company leads up to the launch of its latest iOS 8 software, which will include the new Health app.

Advanced Cooling Therapy secures $1.5M for temperature management

August 27, 2014 by Arezu Sarvestani

Advanced Cooling Therapy plans full commercial launch after closing its $1.5 million funding round.

Advanced Cooling Therapy secures $1.5M for temperature management

Chicago-based Advanced Cooling Therapy is planning to break onto the market now that it's closed a $1.5 million Series A funding round.

ACT is building up to full commercial launch of its Esophageal Cooling Device, which has approval from European and Canadian regulators. The device is not yet cleared for the U.S.

Align Technology escapes shareholder lawsuit again

August 26, 2014 by Arezu Sarvestani

A California court again dismisses a shareholder lawsuit accusing Align Technology and its executives of insider trading and securities fraud.

Align Technology escapes shareholder lawsuit again

Align Technology (NSDQ:ALGN) announced this month that a California district court again dismissed a shareholder lawsuit, this time with prejudice.

MassDevice.com +3 | The top 3 medtech stories for August 26, 2014

August 26, 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.

 

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