Medical Device Industry News

Olympus to pay $92m to settle accounting fraud case

March 27, 2015 by MassDevice

Olympus says it agreed to pay $92 million to settle a pair of civil lawsuits brought over the 2001 accounting scandal that nearly brought the company down.

Olympus to pay $92m to settle accounting fraud case

MassDevice.com +3 | The top 3 medtech stories for March 27, 2015

March 27, 2015 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.

 

Obalon launches pivotal trial for weight-loss balloon

March 27, 2015 by Mark Hollmer

Armed with a recent $30 million funding found, Obalon Therapeutics launches a pivotal trial for its ingestible weight loss balloon.

Obalon launches pivotal trial for weight-loss balloon

California's Obalon Therapeutics said it launched a pivotal trial set for as many as 15 sites across the U.S. that will test its ingestible, gas-filled weight-loss balloon.

FDA grants exemption for fetal micro-pacemaker

March 27, 2015 by Brad Perriello

The FDA grants a humanitarian device exemption for a micro-pacemaker designed to be implanted in a fetus.

FDA grants exemption for fetal micro-pacemaker

Comparative sizes of fetal
and adult pacemakers.
Click image to enlarge.

Researchers at Children's Hospital Los Angeles and the University of Southern California said the FDA granted a humanitarian device exemption for the fetal micro-pacemaker they designed.

Stryker debuts Osiris bone putty

March 27, 2015 by Mark Hollmer

Stryker launches the Bio4 bone-allograft product made by Osiris Therapeutics at the recent American Academy Of Orthopaedic Surgeons meeting in Las Vegas.

Stryker debuts Osiris bone putty

Senate kicks 'doc fix' can down the road

March 27, 2015 by MassDevice

The U.S. Senate delays a vote on the so-called 'doc fix' bill to change the way Medicare pays doctors, which passed the House earlier this week.

Senate kicks 'doc fix' can down the road

(Reuters) — The U.S. Senate will wait more than 2 weeks before acting on a bill to permanently fix the flawed formula for reimbursing Medicare physicians, after an April 1 deadline to start a 21% cut in payment rates.

Kips Bay Medical turns to founder Villafana

March 27, 2015 by Brad Perriello

Manny Villafana, who founded St. Jude Medical and Kips Bay Medical, joins a last-gasp, $3 million funding round for Kips Bay.

Kips Bay Medical turns to founder Villafana