MassDevice

Lean Product Launch: 3 Ways 3P Events can Boost Efficiency and Speed to Market

November 1, 2019 By MassDevice Leave a Comment

By Todd Clark, Program Manager, Viant Get a diverse group of smart people in a room and present them with a challenge. Add brainstorming and collaboration. At the end of the day, the best ideas … [Read More...]

Is your user experience as good as your technology?

November 1, 2019 By MassDevice Leave a Comment

By Jesse Darley, Director of Mechanical Engineering & Principal, Delve No doubt, you are passionate about the impact medical devices have on the lives of the patients that need them. In many … [Read More...]

3 Clinical Trends Shaping the Medical Device Space in 2019

October 21, 2019 By MassDevice Leave a Comment

By Mike Rigert, Staff Writer, MasterControl Perhaps no other sector of the life sciences is experiencing as much growth, transformation and opportunity as the medical device industry. Globally, the … [Read More...]

FTC orders Otto Bock to divest Freedom Innovations assets from recent acquisition

The Federal Trade Commission yesterday upheld an Administrative Law Judge's decision that stated … [Read More...]

Judge orders FDA, CMS to produce missing documents in Theranos case

A federal judge has ordered the FDA and the Centers for Medicare & Medicaid Services (CMS) to … [Read More...]

Boston Sci fires back at judge who imposed sanctions

Boston Scientific (NYSE:BSX) has angrily responded to a judge's recent sanctions in a … [Read More...]

Internal probe finds major problems at Ra Medical

Ra Medical Systems (NYSE:RMED) said yesterday that an internal investigation found failures … [Read More...]

South Dakota provider to pay $20m to settle POD case

The U.S. Justice Dept. said yesterday that Sanford Health, Sanford Medical Center and Sanford Clinic … [Read More...]

Pixarbio CEO Reynolds convicted in $13m investor fraud case

Pixarbio founder & CEO Frank Reynolds reportedly faces two decades behind bars after a jury … [Read More...]

BD warns of international device shortages in EO plant legal filing

The Georgia environmental chief’s effort to shut down a Becton Dickinson (NYSE:BDX) medtech … [Read More...]

FTC orders Otto Bock to divest Freedom Innovations assets from recent acquisition

The Federal Trade Commission yesterday upheld an Administrative Law Judge’s decision that stated assets in the acquisition of Freedom Innovations by Otto Bock Healthcare North America must be divested. The FTC ordered Otto Bock to divest the assets of Freedom Innovations to an FTC-approved buyer. According to the commission, both companies were top sellers of […]

ICU Medical to acquire Pursuit Vascular

ICU Medical (NSDQ:ICUI) ICU Medical today said it will acquire Pursuit Vascular for $75 million. Through the definitive agreement, ICU Medical will have additional earnout payment potentially due in 2021. “ICU Medical has always been deeply focused on improving patient safety and creating the best workflow for clinicians. The ClearGuard HD is natural extension of our […]

Stryker to acquire Wright Medical for $4.7B

Stryker (NYSE:SYK) today said it is acquiring Wright Medical (NSDQ:WMGI) for $4.7 billion in cash. Through the agreement, Stryker will pay $30.75 per share and will acquire all of the issues and outstanding ordinary shares of Wright Medical for an equity value of $4.7 billion. With outstanding convertible notes, total enterprise value is set at $5.4 billion. The […]

Google to pay more than $2B for Fitbit

Fitbit (NYSE:FIT) today confirmed the rumor of an acquisition by Google parent Alphabet (NSDQ:GOOG), revealing that it accepted a $7.35-per-share cash offer worth about $2.1 billion. “More than 12 years ago, we set an audacious company vision – to make everyone in the world healthier. Today, I’m incredibly proud of what we’ve achieved towards reaching that goal. We […]

Siemens Healthineers closes $1B Corindus Vascular Robotics buy

Siemens Healthineers said it today completed its $1.1 billion buyout of Corindus Vascular Robotics and its robot-assisted device for coronary and peripheral vascular procedures. Last week Corindus shareholders approved the merger, in which the German firm put up $4.28 per common share and $85.60 per Series A convertible preferred share. Today Siemens Healthineers said former […]

Report: Google parent Alphabet eyes Fitbit

Google parent Alphabet (NSDQ:GOOG) reportedly made an offer to acquire Fitbit (NYSE:FIT) in an attempt to work its way into the smartwatch and fitness tracker market. There is not any certainty of a deal as of yet and no financial terms were shared, according to a report from Reuters, which cited “people familiar with the matter.” […]

Corindus Vascular Robotics shareholders OK $1B Siemens Healthineers takeover

Corindus Vascular Robotics (NYSE:CVRS) said today that its stockholders approved the adoption of a $1.1 billion merger with with Siemens (NYSE:SI). Waltham, Mass.-based Corindus said the transaction is slated to close Oct. 29, after which Corindus will be delisted from the New York Stock Exchange, according to a news release. Corindus stockholders are set to receive $4.28 per […]