Royal Philips (NYSE:PHG) and Zoll Medical say they’re close to settling a long-running patent spat over automated external defibrillator technology. Zoll and Philips have battled for years in the courts over their respective AED technologies. This case began when Philips sued Zoll in 2010, according to court documents, alleging infringement of six AED patents (a later suit, filed […]
Resuscitation
Philips settles DoJ, FDA AED case
Royal Philips (NYSE:PHG) said yesterday it inked a settlement deal with the US Dept. of Justice and the FDA relating to quality issues during production of automated external defibrillators at its Andover, Mass. and Bothell, Wash.-based facilities Through the agreement on a consent decree, Philips said it will suspend manufacturing and distribution of AEDs at those facilities, […]
Cardiac Science inks deal to supply Boston public schools with AEDs
Cardiac Science said today it inked a deal with the Boston Public Schools to supply them it its Powerheart G5 automated external defibrillators to expand the district’s AED program. The Deerfield, Wisc.-based company said the Powerheart G5 is the 1st FDA-cleared AED which combines automatic shock delivery along with dual-language rescue prompting, variable escalating energy […]
Johnson & Johnson lands $260m Defense Dept. contract for orthopedic devices
UPDATED May 15, 2017, with comment from J&J. The U.S. Defense Dept. yesterday awarded a Johnson & Johnson (NYSE:JNJ) unit a contract for orthopedic products worth nearly $260.5 million. The 1-year contract with Piscataway, N.J.-based Johnson & Johnson Healthcare System includes 4 1-year options; the total maximum value of the agreement covers the life of the contract including […]
Zoll Medical wins Health Canada nod for next-gen AEDs
Zoll Medical said this week it won approval from Health Canada for its Zoll AED 3 and Zoll AED 3 BLS automated external defibrillators and launched them in the region. Both newly-cleared AEDs provide real-time feedback to communicate appropriate timing for effective CPR through audible and visual prompts, which the Chelmsford, Mass.-based company said can be critical […]
Stryker closes $1.3B Physio-Control deal
Stryker (NYSE:SYK) said today that it closed the $1.28 billion acquisition of automated external defibrillator maker Physio-Control from Bain Capital. Medtronic (NYSE:MDT) sold Physio-Control to Bain for $478 million in January 2012. The all-cash deal is expected to add slightly to Stryker’s adjusted earnings per share this year, the Kalamazoo, Mich.-based company said when the deal was announced in […]
FDA expands Draeger ventilator recall, includes power supply batteries
The FDA today said it expanded its recall of Draeger Medical‘s Evita V500 and Babylog VN500 ventilators to include the optional PS500 batteries after they were updated with new power supply firmware that failed to correct the issue depleting the battery. The original recall, initiated last September and updated in December, put the ventilators on […]
Stryker to pay $1.3B for Physio-Control
Stryker (NYSE:SYK) said today that it agreed to pay $1.28 billion to Bain Capital for automated external defibrillator maker Physio-Control. Medtronic (NYSE:MDT) sold Physio-Control to Bain for $478 million in January 2012. The all-cash deal, slated to close at the beginning of the 2nd quarter, is expected to add slightly to Kalamazoo, Mich.-based Stryker’s adjusted earnings […]
Dehaier restructures to focus on wearables
China’s Dehaier Medical Systems (NSDQ:DHRM) said today that it plans to ditch its unprofitable medical device businesses so it can focus on its wearable sleep respiratory business. Dehaier said it plans to form a new subsidiary called Connection Wearable Health Technology by the end of this month, aiming to focus on “wearable sleep respiratory and mobile […]
UW to lead expansion of Medtronic’s HeartRescue program
Medtronic (NYSE:MDT) said today that the University of Washington will lead a U.S. expansion of its HeartRescue program, which aims to improve survival rates for sudden cardiac arrest. Fridley, Minn.-based Medtronic launched HeartRescue in 2010 in 5 states, looking to train healthcare providers on resuscitation methods to boost the SCA survival rate, which has not moved […]
FDA issues another Class 1 recall for Teleflex
The FDA has issued a recall on Teleflex‘s (NYSE:TFX) Hudson RCI Sheridan Sher-I-Bronch endobronchial tube due to issues with the connector cracking or separating The FDA has labeled the recall as a Class I, the most serious type of recall issued by the federal watchdog, which indicates “there is a reasonable probability that use of these […]