Say hello to MassDevice +3, a bite-sized view of the top three medtech stories of the day. This feature of MassDevice.com’s coverage highlights our 3 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.
3. Baxter to expand in Arkansas, adds 225 jobs
Baxter said it is expanding its facilities in Mountain Home, Ark., adding an estimated 25,000 square feet and 225 jobs.
The company’s 550,000-square foot facility in Arkansas already employs 1,000, and is 1 of the company’s largest plastics and medical device manufacturing plants, according a press release from the Arkansas Economic Development Commission. Read more
2. FDA approves expanded trial for InVivo Therapeutics spinal cord treatment
InVivo Therapeutics said that it won a nod from the FDA to double the enrollment in a clinical trial of its neuro-spinal scaffold.
Cambridge, Mass.-based InVivo enrolled the 5th patient in the pilot study last month. Its bioabsorbable device is designed to treat acute spinal cord injuries. Read more
1. Ellipse Technologies files for $75m IPO
Ellipse Technologies registered for an initial public offering that could fetch as much as $75 million for its magnetically adjustable orthopedic implants.
Aliso Viejo, Calif.-based Ellipse has a pair of orthopedic surgery devices already on the market, the Magec-Eos spinal bracing and distraction system for early-onset scoliosis, and the Precice limb-lenthening system for treating limb length discrepancies. Read more