The Medical Device Business Journal — Medical Device News & Articles | MassDevice
Hospital group purchasing organizations Novation and Premier signed seven new contracts this week for everything from surgical safety technology to central venous access catheters.
Novation awarded a three-year contract to Teleflex Inc. (NYSE:TFX) for its respiratory, anesthesia airway, central venous access, endotracheal tubes and chest drainage products.
If you don’t think the impending medical device tax is a big deal, just ask Caroll Neubauer’s cardiologist.
The chairman & CEO of B.Braun’s North American business admits that just talking about the tax, slated to go into effect in 2013, gets his blood pressure up immediately.
Veteran surgical devices maker and B. Braun Medical Inc. subsidiary Aesculap Inc. snapped up Aragon Surgical Inc. and its radiofrequency electrosurgical instruments for tissue fusion and cutting.
Aragon’s Caiman instruments are the only radiofrequency devices on the market with an articulating end to allow surgeons more maneuverability with tissue fusion and cutting during surgery.
Medtronic Inc.’s (NYSE:MDT) got the go-ahead to pursue trials of its Symplicity catheter system for treating hypertension via renal denervation.
The system includes a catheter inserted into the renal artery near each kidney via the femoral artery in the upper thigh. A generator on the tip of the catheter delivers lower-power radio-frequency energy to "deactivate" the sympathetic nerves, lowering blood pressure.
Ben Franklin Technology Partners of Northeastern Pennsylvania invested $60,000 in two Lehigh Valley, Pa.-based medical companies.
The Bethlehem, Pa.-based, state-funded organization invested $50,000 in HealthOneMed Inc. and $10,000 in B. Braun Medical Inc.
Allentown, Pa.-based HealthOneMed plans to employ the funding to complete a marketing plan for its first product, Dispense-A-Pill, a patented device that dispenses pharmaceutical tablets on a pre-programmed schedule.
