In this week’s DeviceTalks Weekly, we’ll examine how governmental effort, both foreign and domestic, are hitting the medtech industry. Our guests include Tracy Eberly, CEO of Fang Consulting, a regulatory advisory group. Eberly will update listeners on what pushing back the MDR deadline could mean for medtech companies and why some companies may be less […]
Judge tosses wrongful termination suit against Abiomed
Abiomed (NSDQ:ABMD) has convinced a federal judge that whistleblower Max Bennett had no basis on which to claim the company fired him in retaliation for his investigation of federal False Claims Act violations. Judge Indira Talwani ruled on Tuesday that “no reasonable jury could find that Bennett had engaged in protected activity or that he was […]
DeviceTalks Weekly: Medtech goes to war with COVID-19
In this week’s DeviceTalks Weekly Podcast, we’ll talk about medtech’s essential role in the escalating war against COVID-19. We’ll visit with Fluidda CEO Jan De Backer and Kevin Thornal, division president of diagnostic solutions at Hologic. The executives will explain how their imaging and diagnostic devices – which both received recent FDA approval – will […]
Major U.S. manufacturers answering call for ventilator needs
U.S. manufacturers — inside and outside medtech — are offering help amid shortages of ventilators, respirator masks and more needed to combat coronavirus. News broke this week that Memorial Sloan Kettering Cancer Center in New York is reportedly experiencing shortages of masks and other protective equipment, and it is not alone in that regard. Last […]
Cochlear loses appeal over $268m in patent damages
The U.S. Court of Appeals for the Federal Circuit upheld a U.S. District Court decision that awarded $268 million in damages from Cochlear Ltd. (ASX:COH) to two competitors in a patent dispute. Yesterday’s ruling comes after several years of legal battles over the patents for hearing implants, and likely won’t be the end, as Cochlear is […]
U.K. court bars Edwards TMVR sales, gives Abbott win in patent spat
A judge in the England issued an injunction yesterday barring Edwards Lifesciences from selling its Pascal transcatheter mitral valve repair (TMVR) device in the U.K. A different judge had previously denied Abbott’s petition for such an injunction. Yesterday, Judge Colin Birss of the High Court of England and Wales also ruled that two patents held […]
Cardinal Health settles China bribery case for $8.8 million
Cardinal Health (NYSE:CAH) has agreed to pay more than $8.8 million to settle charges that a former subsidiary in China failed to detect bribes paid to government hospital officials and employees of state-owned retailers to buy skincare products. The settlement springs from a Securities and Exchange Commission investigation into Cardinal China, which Cardinal Health formed in […]
B. Braun sued in Pa. over ethylene oxide exposure
A Pennsylvania man has filed a lawsuit against B. Braun Medical over emissions of the sterilant gas ethylene oxide (EtO). The man, Adam Akarsoy, lives and works near a B. Braun sterilization plant in Hanover, Pa., and filed the federal lawsuit seeking certification as a class action. Akarsoy claims that B. Braun “has consistently emitted, on average, nearly […]
Cutera claims Lutronic stole trade secrets
Medical aesthetic devicemaker Cutera (NSDQ:CUTR) has filed a lawsuit claiming that Lutronic Aesthetics stole trade secrets, lured away employees and competed unfairly under California’s business and professions code. Brisbane, Calif.-based Cutera is also suing certain former employees, alleging violations of their work agreements as well as violations of duties owed to the company under California […]
J&J’s Ethicon wins lawsuit over hernia mesh
A New Jersey appeals court has thrown out a lawsuit against Johnson & Johnson (NYSE:JNJ) and its Ethicon unit because the woman who had mesh implanted to correct a hernia could not identify its manufacturer. Plaintiffs Deborah Kline and her husband, Jeffrey Derstine, sued the companies in 2014, alleging that the polypropylene mesh implanted in Kline’s […]
President Trump signs $8.3b coronavirus emergency funding bill
President Donald Trump today signed an $8.3 billion emergency package to help address the ongoing outbreak of COVID-19, which is caused by the coronavirus. According to a report by Politico, about $7.7 billion of that $8.3 billion is slated for discretionary spending to improve vaccine development, research, equipment stockpiles and both state and local health budgets. […]
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