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. Smith & Nephew buys into India, announces $300M share buyback as Q1 profits slide on flat sales
Smith & Nephew announced a $300 million share repurchasing program and an acquisition in India’s mid-tier trauma sector, alongside sliding 1st-quarter profits and flat sales.
2. Medical device tax cut about 4% from Q2 earnings growth, Becton Dickinson reports
Healthcare giant Becton Dickinson paid about $14 million in compliance with the medical device sales tax during the 2nd quarter, and expects to pay about $45 million in 2013.
1. Sanovas CEO Gerrans goes linear with new MicroCam
Sanovas’ new MicroCam plug-and-play endoscopic imaging system paves the way for a paradigm shift toward linear medical devices for natural orifice surgery, CEO Larry Gerrans tells MassDevice.com.
