Medical Device Industry News

Former Medtronic worker sues company, police over arrest in bomb threat hoax

January 29, 2015 by Brad Perriello

A former Medtronic worker sues the company and police in Brooklyn Park, Minn., alleging false arrest and imprisonment after he was taken into custody as a suspect in a pair of hoax bomb threats made against the medical device company 2 years ago.

Former Medtronic worker sues company, police over arrest in bomb threat hoax

Credit agencies lower Medtronic's rating post-Covidien merger

January 28, 2015 by Brad Perriello

Credit agencies Standard & Poor's and Moody's lowered their ratings as promised on Medtronic after it took out a massive debt package to finance its $50 billion acquisition of Covidien.

Credit agencies lower Medtronic's rating post-Covidien merger

FDA to require PMAs for automated external defibrillators

January 28, 2015 by Brad Perriello

The FDA says it will require automated external defibrillators to undergo its strict pre-market approval process.

FDA to require PMAs for automated external defibrillators

UPDATE: Rox Medical's Coupler hypertension stent fares well in pivotal trial

January 28, 2015 by Mark Hollmer

Rox Medical's stent-like Coupler implant, designed to treat resistant hypertension, fares well in a pivotal trial as the company gears up for a run at an investigational device exemption from the FDA.

Medtech execs: We'll step up hiring if the medical device tax is repealed

January 28, 2015 by Brian Johnson

Medical device executives surveyed by the Medical Device Manufacturers Assn. say they'll step up hiring if the medical device tax is repealed.

Medtech execs: We'll step up hiring if the medical device tax is repealed

Repealing the job-killing medical device tax will serve as job creator, a survey of medical device executives revealed today.

Abiomed surges on Q3 numbers, FDA nod

January 28, 2015 by Brad Perriello

Abiomed shares surge to an all-time high after the heart pump maker crushes expectations with its fiscal 3rd-quarter results and raises its outlook for the rest of fiscal 2015.

Abiomed surges on Q3 numbers, FDA nod

Abiomed (NSDQ:ABMD) shares surged to an all-time high today after the heart pump maker crushed expectations for its fiscal 3rd quarter and raised its outlook on the rest of the year.

AdvaMed claims 195,000 jobs lost to medical device tax

January 28, 2015 by Brad Perriello

AdvaMed claims that the medical device tax will wind up costing the U.S. economy 195,000 jobs, citing a survey of 55 of its medical device company members.

AdvaMed claims 195,000 jobs lost to medical device tax

The national medical device industry lobby today claimed that the medical device tax enacted as part of Obamacare will wind up costing the U.S. economy 195,000 jobs and hamstring medtech firms' R&D efforts.