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. Philips, J&J land Defense Dept. contracts worth up to $73M
The U.S. Dept. of Defense grants Philips 2 contracts worth a potential $63.3 million and Johnson & Johnson lands a federal defense deal worth $9.6 million.
2. Medtronic launches hospital solutions arm, touts 1st cath-lab management deals
Medical device giant Medtronic strays a little further from its roots with the formation of its ‘Hospital Solutions’ business and new deals to provide catheterization lab management in Europe.
1. Biomet’s revised earnings show much wider losses than previously reported
Annual losses at Biomet increase dramatically in a revised earnings release for the Warsaw, Ind.-based orthopedics maker.
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