Say hello to MassDevice +3, a bite-sized view of the top three medtech 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 taps ex-Hologic CEO Cascella to lead imaging biz

Royal Philips tapped the former CEO of Hologic, Rob Cascella, to lead its worldwide imaging business.

Cascella, whose title will be executive vice president, succeeds Gene Saragnese, who is retiring effective May 1, the Dutch conglomerate said. Read more

2. Biotronik launches Pantera Pro balloon catheter in Europe

Biotronik said it’s launching the Pantera Pro balloon catheter, which won CE Mark approval in the European Union in January.

The German medical device giant said the new device is a complete re-design of its Pantera catheter that aims to improve access to the lesion site and ensure proper dilation. Read more

1. Medtronic to pay feds $4m to settle product labeling case

Medtronic agreed to pay $4.4 million but admitted no wrongdoing to settle federal charges that it falsely labeled products manufactured overseas as made in the U.S.

The Minnesota U.S. attorney’s office said yesterday that Fridley, Minn.-based Medtronic marked products made in Malaysia and China as manufactured in Tennessee between 2007 and 2014. Those products were sold to the U.S. Veterans Affairs Dept. and the Defense Dept. in violation of the Trade Agreements Act, federal prosecutors alleged. Read more