Say hello to MassDevice +3, a bite-sized view of the top three med-tech stories of the day. This latest feature of MassDevice.com’s coverage highlights our three biggest and most influential stories from the day’s news to make sure you’re up to date on the headlines that continue to shape the medical device industry.
If you read nothing else today, make sure you’re still in the know with Massdevice +3.
3. Baxter demands its $20 million from Fresenius
Baxter International Inc. (NYSE: BAX) asks a federal judge to finalize a $20 million ruling against Fresenius Medical Care AG (NYSE:FMS), saying "Fresenius has finally run out of procedural games to avoid payment."
2. Bain bows out of $6.3 billion KCI race
Just a day after rumors emerged that Bain Capital LLC and Avista Capital Partners LLC were trying to raise money in order to best Apax Partners LLP’s $6.3 billion bid to buy KCI, Bain took itself out of the running.
1. Paulson hedge fund bails on BSX
Once Boston Scientific Corp.’s (NYSE:BSX) largest shareholder, Paulson & Co. Inc. liquidated its position in the med-tech giant, selling off some 15 million shares and fetching an estimated $104 million to $108 million in the process.
