Johnson & Johnson‘s (NYSE:JNJ) Ethicon and Medtronic (NYSE:MDT) subsidiary Covidien took to court again this week, continuing an ongoing spat over patents related to surgical shears and sealers. Ethicon this week asked a federal judge in Massachusetts to find that its Enseal X1 surgical instrument doesn’t infringe a quintet of patents owned by Medtronic’s Covidien unit. The […]
Covidien
PTAB tosses out Covidien patent in surgical shears spat with J&J’s Ethicon
The Patent Trial and Appeal Board has thrown out Medtronic (NYSE:MDT) subsidiary Covidien‘s patent on electrosurgical shears in a spat between the company and Johnson & Johnson‘s (NYSE:JNJ) Ethicon Endo-Surgery subsidiary, according to court documents released this week. The patent relates to a bipolar electrosurgical shearing instrument used to seal and cut blood vessels or vascular tissue, […]
Inside the largest medical device acquisition in history
By Heather Thompson In June 2014, Medtronic and Covidien shook the medical technology industry with the announcement of a merger of unprecedented scale. OCTANe’s Medical Investor Forum, held in Irvine, Calif., Oct. 27-28, featured a conversation between Geoff Martha, who led Medtronic’s team for the $50 billion merger, and Brett Wall, former president of Covidien […]
Coating issue still plagues the Pipeline device as Medtronic issues another recall
The coating issue that’s bedeviled the Pipeline device made by Medtronic (NYSE:MDT) last week prompted another recall for the brain aneurysm treatment. Originally developed by Ev3, the Pipeline device is designed to divert blood from the aneurysm. Covidien acquired Ev3 in the summer of 2010, paying $2.6 billion in cash, and the technology moved to Medtronic with its […]
Covidien spinout Mallinckrodt to acquire Stratatech
Mallinckrodt plc (NYSE: MNK) said today that it agreed to acquire Stratatech and its StrataGraft artificial skin graft technology for an undisclosed amount. Mallinckrodt, the pharmaceuticals business spun out of Covidien in 2013, said the deal also includes Stratatech’s development program for genetically enhanced skin. The acquisition is expected to close before the end of the year, the Dublin-based company […]
Haemonetics taps ex-Medtronic CIO Burke as new CFO | Personnel Moves August 4, 2016
Haemonetics taps ex-Medtronic CIO Burke as new CFO Haemonetics (NYSE:HAE) said this week it tapped former Medtronic (NYSE:MDT) chief integration officer William Burke as its new chief financial officer, effective August 8. Burker operated as CIO with Medtronic since 2015, serving during the integration of Covidien. Prior to that, he held various finance positions with […]
Si-Bone’s new CCO is ex-Baxano CEO Recupero | Personnel Moves July 6, 2016
Si-Bone’s new CCO is ex-Baxano CEO Recupero Si-Bone said yesterday it tapped ex-Baxano (NSDQ:BAXS) CEO Tony Recupero as its new chief commercial officer. Prior to moving to Si-Bone, Recupero served as president of medical device and diganostic commercialization strategy company Catalyst Performance Advisors and CEO of Baxano Inc, as well as other executive positions in the […]
Appeals court won’t review J&J’s Ethicon loss in stapler patent spat with Covidien
The U.S. Patent and Trademark Office Patent Trial and Appeal Board today denied a rehearing request after a loss in a spat between Johnson & Johnson (NYSE:JNJ) and Covidien, now owned by Medtronic (NYSE:MDT) . The case, over surgical stapler patents owned by Johnson & Johnson and contested by Medtronic, was originally filed in 2013. The decision today was […]
Medtronic patent exec Ruschke nominated to lead PTAB | Personnel Moves May 11, 2016
Medtronic patent exec Ruschke nominated to lead PTAB Former Medtronic (NYSE:MDT) patent executive David Ruschke has been appointed as the new Chief Judge for the Patent Trial and Appeal Board. Rushke is slated to take up the new position on May 23. As chief patent counsel at Medtronic, Rushke managed numerous patent appeals, interferences, post grant […]
C.R. Bard settles clutch of pelvic mesh lawsuits
A West Virginia federal judge yesterday dismissed nearly 150 product liability lawsuits brought against C.R. Bard (NYSE:BCR) over its pelvic mesh products, after an appeals court earlier this year upheld a $2 million verdict against the company in another suit. Judge Joseph Goodwin of the U.S. District Court for Southern West Virginia, who’s overseeing the multi-district […]
Medtronic to shift product lines from Colorado plant
Medtronic (NYSE:MDT) is planning to move a pair of product lines from a plant in Colorado to other facilities, a spokesman told MassDevice.com today. Fridley, Minn.-based Medtronic acquired the lines when it paid $50 billion for Covidien in January 2015. Spokesman John Jordan told us that the plant in Boulder, Colo., makes surgical energy return pads and electro-surgical pencils. […]