Cook Medical announced today that it launched the next-generation MINC+ benchtop incubator in the U.S. and Canada. Bloomington, Indiana-based Cook Medical designed its MINC+ platform as the latest iteration of the MINC mini incubator benchtop system that has been in in-vitro fertilization (IVF) clinics for more than two decades. The latest version of MINC includes the […]
Gynecological
California appeals court orders Johnson & Johnson to pay $302M in pelvic mesh case
A California appeals court mostly agreed that Johnson & Johnson must pay the state hundreds of millions of dollars over misleading marketing around the risks of pelvic mesh products. The Fourth District Court of Appeals in California, in its April 11 ruling, reduced the size of the civil penalties against J&J’s Ethicon subsidiary by $42 […]
Channel Medsystems makes three appointments to management team including new CFO
Channel Medsystems announced today that it appointed three new members to its executive team, including a new chief financial officer. Berkeley, California-based Channel Medsystems named Ian Vawter as VP and CFO, Rebecca Furlong as VP and president of U.S. sales and Nital Patel Bryant as senior director of marketing. Channel Medsystems develops the Cerene cryotherapy […]
Medtronic completes first patient implants in implantable tibial neuromodulation trial
Medtronic (NYSE:MDT) announced that it completed the first patient implants in the Titan 2 pivotal study of its investigational neuromodulation device. Fridley, Minnesota-based Medtronic’s Titan 2 trial will evaluate the safety and efficacy of the company’s implantable tibial neuromodulation (TNM) device in people with overactive bladder (OAB). The company designed the minimally invasive implantable TNM […]
CooperCompanies to buy Cook Medical’s reproductive health business for $875M
Cook Medical has signed a letter of intent to sell its Reproductive Health business to CooperCompanies, the two companies announced today. CooperCompanies (NYSE:COO) plans to pay privately-held Cook Medical $875 million: $675 million at closing, then the remaining $200 million paid in four $50 million annual installments. The proposed deal — which could close in […]
‘Itty bitty’ falloposcope imaging device used inside fallopian tubes for the first time
After years of development, University of Arizona researchers have captured their first images inside fallopian tubes with a new device that could be used to search for early signs of ovarian cancer. University of Arizona BIO5 Institute Director Jennifer Barton developed the high-resolution falloposcope, which has a diameter of only 0.8 mm. “It’s itty bitty,” […]
Medtronic’s Hugo wins Health Canada license to expand robotic-assisted surgery
Medtronic (NYSE:MDT) announced today that it received a Health Canada license for use of the Hugo robotic-assisted surgery system. The company’s Brampton, Ontario-based Medtronic Canada subsidiary received the Health Canada license for use of Hugo in urologic and gynecologic laparoscopic surgical procedures. According to a news release, those procedures make up about half of all […]
Caldera launches new Desara TVez for stress urinary incontinence
Surgical product developer Caldera Medical announced today that it launched the Desara TVez as part of its Desara portfolio. Los Angeles-based Caldera’s Desara family of products includes offerings for treating stress urinary incontinence, pelvic organ prolapse and polyps. According to Caldera’s website, Desara TVez is used through the transvaginal approach with tighter trocar curve that […]
Hologic completes $160M acquisition of Bolder Surgical
Hologic (NSDQ:HOLX) announced today that it closed its previously announced $160 million purchase of Bolder Surgical. Marlborough, Massachusetts-based Hologic said just last month that it agreed to a deal that would see it acquire Louisville, Colorado-based developer and manufacturer of advanced energy vessel-sealing surgical devices. According to a news release, Hologic’s acquisition of Bolder adds laparoscopic […]
Olympus announces $50M medtech venture capital fund
Olympus (TYO:7733) announced that it established Olympus Innovation Ventures to invest in medtech startups. Tokyo-based Olympus, which has its U.S. headquarters in Center Valley, Pennsylvania, said in a news release last week that the venture fund will invest in pioneering startups. Olympus wants the money to go toward startups seeking to improve clinical outcomes, reduce […]
European approval ‘a big deal’ as Medtronic moves forward with Hugo surgical robot
There’s excitement at Medtronic after the Hugo robotic surgery platform hit a major regulatory milestone. In 2012, Covidien formed an incubator called “Project Einstein,” focusing on combining robotic technology, data and analytics. What could they create? About nine years later, the product that emerged from Project Einstein made a significant step forward when the Hugo […]