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. Diabetes: LabStyle Innovations raises $2.3m for Dario device
Diabetes-focused mobile-health developer LabStyle Innovations said it raised $2.5 million in a new round of equity financing last week, with funds slated to support its Dario diabetes management solutions system. Read more
2. Analyst: Nevro could have the upper hand in patent spat with Boston ScientificO
Nevro appears to have the upper hand in a patent challenge from Boston Scientific over its Senza chronic pain device, according to patent attorneys interviewed by Leerink Partners analyst Danielle Antalffy. Read more
1. St. Jude Medical’s Starks to step down as CEO
St. Jude Medical said today that longtime chief executive Daniel Starks will leave the corner office at the beginning of next year, replaced by COO Michael Rousseau. Starks will stay on as chairman, the Little Canada, Minn.-based company said.
“St. Jude Medical is moving forward with this leadership succession from a position of strength and, because of this, we believe it’s the right time to make this transition,” Starks said in prepared remarks. “Mike’s vision, expertise and proven track record at St. Jude Medical make him a natural choice for CEO. Today’s announcement underscores our deep bench of talent and, together, we will ensure a seamless transition for the benefit of all St. Jude Medical stakeholders.” Read more