Medical Device Industry News

In Massachusetts governor's race, the medical device tax has no friends

September 30, 2014 by Brian Johnson

Candidates in the race for Massachusetts governor race tell MassDevice.com that they're for a repeal of the medical device tax and would support exploring a potential offset for Bay State medtech companies.

In Massachusetts governor's race,the medical device tax has no friends

The next Massachusetts governor won't be spending any political capital defending the medical device tax, a 2.3% excise tax on U.S. medtech sales. Both of the leading candidates told MassDevice.com yesterday that they would push for a federal appeal and consider a tax credit to offset the levy.

Tengion is on the auction block

September 29, 2014 by Alexander Soule

Tengion puts itself and its organ regeneration technology on the auction block, hiring Jefferies LLC to explore "strategic alternatives."

Tengion, TNGN, Jefferies, organ regeneration, kidney

YYmeta

Tengion (NSDQ:TNGN) said it's hired Jefferies to assess "all strategic alternatives," corporate shorthand for putting the Winston-Salem, N.C.-based company and its organ regeneration technology on the auction block.

Studies criticize U.S. medical device approval process

September 29, 2014 by MassDevice

The FDA's less-stringent 510(k) clearance process comes under fire (again) in a pair of new studies.

Studies criticize U.S. medical device approval process

NEW YORK (Reuters Health) - Information on the safety and effectiveness of medical devices before and after they are cleared by U.S. health regulators can be improved, according to 2 new studies.

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

September 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.

 

Mitralign reports 1st-in-human tricuspid valve repair

September 29, 2014 by Alexander Soule

Mitralign reports the 1st-in-human use of its minimally invasive device to treat tricuspid valve regurgitation under a compassionate use allowance in Germany.

Mitralign reports 1st-in-human tricuspid valve repair

Mitralign said today that surgeons in Germany implanted its tricuspid valve repair device in its 1st patient, under a "compassionate use" allowance in Germany.

Cohealo raises $3m for medical device sharing software

September 29, 2014 by Alexander Soule

Cohealo reports a $3.2 million debt round for the software it's developing to help hospitals manage their shared medical device inventory.

Cohealo raises $3m for medical device inventory management solution

Cohealo reported raising $3.1 million of a hoped-for $5.8 million in debt financing as it develops software to help hospitals manage their shared medical device inventory.

What we've learned from four years of diving into dollars for docs

September 29, 2014 by MassDevice

Payments from pharmaceutical companies touch hundreds of thousands of doctors. The 17 companies we've tracked spent $1.4 billion in 2013 alone. Here are our top five takeaways from following all that money.

What We've Learned From Four Years of Diving Into Dollars for Docs

David Sleight/ProPublica

by Charles Ornstein, Eric Sagara and Ryann Grochowski Jones, ProPublica

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