Say hello to MassDevice +3, a bite-sized view of the top three med-tech stories of the day. This latest feature of MassDevice.com’s coverage highlights our three 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. SNN falls on softer orthopedic margins
Smith & Nephew’s (NYSE:SNN) third-quarter profits slip on declining profit margins for its orthopedic division, sending shares down nearly 3 percent on Wall Street today.
Sign up to get our free newsletters delivered straight to your inbox
2. Med-tech tax repeal movement gains momentum
Rep. Erik Paulsen’s (R-Minn.) ongoing effort to repeal the medical device tax seems to be gaining momentum, now that 204 members of the U.S. House of Representatives have signed on to his bill.
1. MDT looks to keep NuVasive off the market
Medtronic (NYSE:MDT) wants a California judge to forever bar rival NuVasive (NSDQ:NUVA) from making or selling one of its spinal implants that a jury found to infringe Medtronic patents, following a $102 million jury decision finding that the NuVasive device infringes Medtronic patents.