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. Cook chairman decries “tongue-depressor tax”
Cook Group chairman Stephen Ferguson continues to beat the drum for repeal for the 2.3% medical device tax, calling the levy a "bad idea that will only get worse with time" in an op-ed piece for the Des Moines Register.
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2. Judge: Varian’s RPM infringes Pitt patent
A federal jury in Pennsylvania is slated to decide whether Varian Medical Systems’ (NYSE:VAR) infringement of a University of Pittsburgh patent was willful later this month, after a judge there ruled that the RPM respiratory gating system violates one of the school’s patents.
1. SNN spins out biologics unit in JV with Essex Woodlands
British orthopedic titan Smith & Nephew (NYSE:SNN) shuffled its business deck yet again with the spinout of its biologics and clinical therapies division in a joint venture with venture capital firm Essex Woodlands.