Medical Device Industry News

ArthroCare executives found guilty of defrauding investors | Medtech legal news for the week of September 1, 2014

September 1, 2014 by MassDevice

Here's a look at some of the top legal news stories for medical device companies this week: ArthroCare ex-CEO faces 30-year sentence for fraud; Shareholders sue Edap following FDA slip; Ex-sales rep wins class action status in lawsuit against Stryker; Another Covidien shareholder sues over Medtronic deal; Respiratory rivals ResMed, BMC each tally wins in Trade Commission ruling

ArthroCare ex-CEO faces 30-year sentence for fraud

August 25, 2014 by Arezu Sarvestani

ArthroCare ex-CEO faces 30-year sentence for fraud

MassDevice.com +3 | The top 3 medtech stories for August 29, 2014

August 29, 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.

 

Kona Medical launches hypertension trial for non-invasive RDN device

August 29, 2014 by Brad Perriello

Kona Medical announces the launch of a clinical trial for its non-invasive Surround Sound renal denervation device for treating hypertension.

Kona Medical launches hypertension trial for non-invasive RDN device

Kona Medical said this week that it's launched a clinical trial of the non-invasive renal denervation device for treating hypertension it calls Surround Sound.

Report: Boston Scientific wins 2nd pelvic mesh bellwether

August 29, 2014 by Brad Perriello

Boston Scientific reportedly wins the 2nd bellwether trial over its Obtryx pelvic mesh device, a month after winning the 1st personal injury case to go to trial over its transvaginal sling devices.

Report: Boston Scientific wins 2nd pelvic mesh bellwether

Bay State Democrats spar over the medical device tax in 6th district congressional race

August 29, 2014 by Arezu Sarvestani

Massachusetts Congressional challenger Seth Moulton vows to fight against the medical device tax, putting fellow Democrat and long-time House incumbent John Tierney on blast.

Bay State Democrats spar over the medical device tax

The medical device tax has long been a rallying point for lawmakers on the right, but the levy is making a cameo appearance in a fight among Democrats looking to represent Massachusetts' 6th District.

Report: J&J puts Cordis on the block

August 29, 2014 by Arezu Sarvestani

Johnson & Johnson puts its Cordis vascular device business on the auction block after years of sluggish growth.

Report: J&J's selling its Cordis division

Healthcare giant Johnson & Johnson (NYSE:JNJ) is looking to divest its Cordis business after years of lackluster sales for the company's stents, catheters and other vascular devices, according to a report from the Wall Street Journal.

Arthrex wins $255M Defense Dept. contract

August 29, 2014 by Brad Perriello

Arthrex outbids nearly 60 competitors to win a contract with the U.S. Defense Dept. that's worth $255 million.

Arthrex wins $255M Defense Dept. contract

Arthrex won a Pentagon contract worth $255 million, beating out nearly 60 other bidders for the deal, the U.S. Defense Dept. said yesterday.

The 5-year base contract for "medical items and accessories" went through a competitive bidding process that included bids from 57 other companies, the Pentagon said.

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