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.
If you read nothing else today, make sure you’re still in the know with MassDevice +3.
3. Zimmer CEO David Dvorak named new chairman of AdvaMed
Zimmer Holdings (NYSE:ZMH) president & CEO David Dvorak was named board chairman of medical device industry lobby AdvaMed, a position once slated for ex-Stryker Corp.(NYSE:SYK) CEO Stephen MacMillan.
2. Judge doubles down on $20M jury award to Boston Scientific in Cordis spat
Boston Scientific (NYSE:BSX) is slated for a $41.5 million payment from Cordis Corp., Johnson & Johnson’s stent-making arm, after a Delaware federal judge more than doubled a jury award.
1. Jobs, R&D likely sacrifices in the face of tax burden, survey shows
Massachusetts medical device executives forecast job losses and budget-cutting for research & development efforts, as the industry nears the launch date of a 2.3% medical device excise tax.