Say hello to MassDevice +3, a bite-sized view of the top three med-tech 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. St. Jude Medical shuffles the deck
St. Jude Medical says it will merge its 2 main divisions and streamline its worldwide manufacturing operation, promoting Michael Rousseau to COO and announces the retirement of cardiovascular and ablation president Frank Callaghan.
2. Layoffs reported at Abbott’s Illinois headquarters
Abbott Labs conducted an unspecified number of layoffs at its Lake County, Ill., headquarters in apparent efforts to cut costs, according to local reports.
1. Supreme Court denies stent pioneer Saffran in $600M patent case against J&J’s Cordis
The U.S. Supreme Court denies stent pioneer Dr. Bruce Saffran’s appeal of a $600 million patent infringement decision to Johnson & Johnson’s Cordis stent-making arm.
