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Home » Lost jobs, Flat BRICs, Diabetes infections, DePuy’s former CEO, Urologix and Medtronic’s prostate pact, FDA reviewer training GI Dynamics’ first days on the market made headlines this week | MassDevice.com +7

Lost jobs, Flat BRICs, Diabetes infections, DePuy’s former CEO, Urologix and Medtronic’s prostate pact, FDA reviewer training GI Dynamics’ first days on the market made headlines this week | MassDevice.com +7

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Plus Seven

Say hello to MassDevice +7, a bite-sized view of the top seven med-tech stories of the week. This latest feature of MassDevice.com’s coverage highlights our seven biggest and most influential stories from the week’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 this weekend, make sure you’re still in the know with Massdevice +7.

7. GI Dynamics sinks 13 percent on opening day

GI Dynamics

GI Dynamics (ASX:GID) had a less-than-auspicious début on the Australian stock exchange yesterday, where GID share prices dropped 13 percent in their first day of public trading.

Read the full story.

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6. Device training for FDA reviewers

FDA

The FDA launches its reviewer certification program to tighten device application times as Congress prepares to dig deeper into the watchdog agency’s med-tech review process.

Read the full story.

5. Urologix, Medtronic ink prostate pact

Urologix
Medtronic

Urologix Inc. (NSDQ:ULGX) strikes a 10-deal with Medtronic (NYSE:MDT) to offer the Prostiva RF treatment, planning to couple that bladder obstruction treatment with its own Cooled ThermoTherapy system for patients with benign prostatic hyperplasia.

Read the full story.

4. Former DePuy Orthopaedics CEO Floyd lands on his feet

David FLoyd

David Floyd, the former CEO of DePuy Orthopaedics, starts a new gig today: CEO of OrthoWorx, an “industry, community and education initiative” that aims to boost the orthopedics cluster centered in Warsaw, Ind., according to its website.

Read the full story.

3. Diabetes device-related infections worry CDC

Fingerstick procedure

The number of patients exposed to blood-borne infections during diabetes testing, glucose monitoring and insulin delivery in group settings is on the rise, according to the Centers for Disease Control & Prevention.

Read the full story.

2. The BRIC bubble might be in for a flatline

BRIC markets

The predicted flat 7.9 percent growth for the BRIC nations of Brazil, Russia, India and China through 2012 could be bad news for the clutch of med-tech titans who have just committed big bucks on the growth of emerging markets.

Read the full story.

1. AdvaMed warns of 400,000 lost jobs on FDA’s excise tax

Capitol Hill

Medical device industry lobby AdvaMed says that the new 2.3 percent excise tax, slated to go into effect in 2013, will be "the last straw on the camel’s back" for medical device companies trying to thrive in the struggling American economy. 

Read the full story.

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