Welcome to MassDevice’s annual audit of the ups, downs and in-betweens of the year that was. For the medical device industry, 2012 was more or less defined by efforts to undermine the medical device tax and ride through economic turbulence.
Here’s the close of the top 10 stories of the year for the medical device world. Stay tuned in 2012 for the trends that continue to shape the industry!
Stay tuned for MassDevice’s Top 10 Part III and check out Part I for more on the biggest news of the year.
6. Stryker CEO Stephen MacMillan resigns for “family reasons”
Stryker chairman, president & CEO Stephen MacMillan resigned suddenly for family reasons. Company CFO Curt Hartman led the company in the interim.
5. Layoffs: Medical device companies cut 2,000 jobs in 2 months
Cost-cutting moves by medical device companies resulted in the loss of more than 2,000 jobs over the course of a couple of months.
4. Medical device companies: Who spends the most on R&D?
Despite a lethargic economy, medical device companies boosted their spending on research & development last year, according to MassDevice.com’s Big 100 database of the 100 largest med-tech makers.
