MassDevice

Silicone Materials for Long-term Medical Implants: Innovate for the Future

June 4, 2019 By MassDevice Leave a Comment

By Feifei Lin, Ph.D., Business Development Manager, Healthcare, Elkem Silicones USA Corp. With the growth of the aging population, the number of age-related diseases has increased. Every year … [Read More...]

Delivering Quality – The ISO 13485 Certification

June 3, 2019 By MassDevice Leave a Comment

By Charlie Sears, Quality Manager, Goddard Inc. The medical device industry is one of the most highly regulated verticals worldwide. Devices and quality systems must satisfy stringent requirements … [Read More...]

Devices Roar Into The Next Decade

June 3, 2019 By MassDevice Leave a Comment

Medical device investments skyrocketed in 2018, and these trends are continuing into 2019. The activity now will influence healthcare for the next decade. This year, the medical device and diagnostic … [Read More...]

Report: Medical imaging giants thrive on bribery in China

Employees of G.E., Philips and Siemens have testified in court in China to bribing low-paid hospital … [Read More...]

MiMedx claims win in proxy war with ex-CEO

MiMedx (NSDQ:MDXG) today claimed an early win in its proxy war with the CEO it fired for cause last … [Read More...]

ACell to pay $15m to settle secret recall charges

ACell last week pleaded guilty to a charge that it failed to report a recall of its MicroMatrix … [Read More...]

Report: N.J. and Texas law firms accused of charging excessive fees in pelvic mesh cases

Several law firms in New Jersey and Texas are accused of legal malpractice and charging excessive … [Read More...]

Male ex-employee gets go-ahead to sue Medtronic for gender bias

A federal judge in Birmingham, Alabama has denied Medtronic's attempt to throw out a sex … [Read More...]

Plaintiffs appeal Ocular Therapeutix win in shareholder lawsuit

Ocular Therapeutix (NSDQ:OCUL) is facing a revived class-action lawsuit lodged by investors after … [Read More...]

Tekni-Plex buys three healthcare packaging plants

Tekni-Plex recently announced that it has completed its purchase of three manufacturing facilities from Amcor’s Flexible Packaging business unit. The facilities are in Madison and Milwaukee, Wis., and Ashland, Mass., and provide sterilizable medical device packaging substrates including coated and uncoated Tyvek, heat-seal and cold-seal coated paper and films, medical grade laminates and die-cut lids and labels. Get the full […]

Zoll acquires TherOx

Zoll Medical said today that it acquired TherOx and its acute myocardial infarction treatment. TherOx’s SuperSaturated Oxygen Therapy system delivers a 60-minute infusion of the patient’s super-oxygenated blood to a targeted ischemic area of the heart via a small catheter. The treatment is designed to improve microvascular flow and reduce infarct size following primary coronary […]

Merit puts $50m on the table for Brightwater

Merit Medical (NSDQ:MMSI) said this week that it plans to acquire Brightwater Medical in a deal valued at $50 million. Temecula, Calif.-based Brightwater Medical’s lead product, ConvertX, is a device designed to treat severe obstructions of the ureter. The company recently won FDA clearance for its ConvertX biliary stent system, according to Merit Medical. The deal […]

Varian closes $283m Cancer Treatment Services buyout

Varian Medical (NYSE:VAR) said today that it closed the $283 million deal to acquire Cancer Treatment Services International and its network of oncology centers on the Indian subcontinent. When it announced the buyout last month, Varian said that it hoped to increase its expertise in cancer care center operations. The deal was financed via a credit facility […]

Report: GE is shopping its ventures arm

General Electric (NYSE:GE) is reportedly shopping its venture capital portfolio as it looks to rein in its debts in a multi-year turnaround. GE Ventures, founded in 2013, backs more than 100 start-ups across the healthcare, tech and energy sectors. It’s been seeking suitors for several months among other venture shops and limited partner groups that back […]

Dassault Systemes to acquire Medidata for $5.8B

French tech company Dassault Systèmes said today it will purchase health tech firm Medidata Solutions (NSDQ:MDSO) in an all-cash transaction for $5.8 billion on an enterprise value basis or $92.25 per share, slightly lower than yesterday’s closing price of $94.75. The transaction was unanimously approved by the boards of directors of both companies. Dassault Systèmes said the […]

Boston Scientific closes $465m Vertiflex buy

Boston Scientific (NYSE:BSX) said yesterday that it closed the $465 million buyout of spinal implant maker Vertiflex. The deal, announced last month, includes commercial milestones spaced out over three years. Carlsbad, Calif.-based Vertiflex makes the Superion decompression device for treating lumbar spinal stenosis, which won pre-market approval from the FDA in May 2015. Boston Scientific said […]