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. Integra LifeSciences recall affects Medtronic’s Infuse kits
Integra Lifesciences recalls certain lots of its surgical sponges, including some that were packaged with Medtronic’s Infuse bone graft kits.
2. Covidien could be on the hook for nearly $450M in back taxes
Covidien could wind up with a nearly $450 million tax tab from its days as Tyco Healthcare, after the IRS nixes some $914 million in interest deductions dating back to the years1997 through 2000.
1. Report: PE owners put Biomet on the auction block
The private equity owners of medical device company Biomet are shopping the orthopedics giant and considering an initial public offering, the Financial Times reports.