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Novartis pharma head Epstein steps away, most recent in string of top-level turnovers | Personnel Moves, May 27, 2015

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Novartis pharma head Epstein steps away, most recent loss in string of top-level turnovers Novartis (NYSE:NVS) is facing an upheaval in its top management, seeing 7 departures over the last 5 months as shares fell 25% since last July. Last week, Novartis pharmaceuticals head David Epstein quit as his division was split up. Earlier in the month, U.S. […]

AOSS roundup: JNJ inks deal for bundled payments for hip & knee replacements

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Johnson & Johnson (NYSE:JNJ) subsidiary DePuy Synthes today announced an exclusive strategic alliance with Value Stream Partners, a company specializing in knee and hip replacement bundled payment program development and implementation. The announcement was made at the American Academy of Orthopaedic surgeons annual meeting this week. “This exclusive arrangement with VSP will further enable us to help […]

Premier strikes CRM deals with Medtronic, Boston Scientific, others

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Group purchasing organization Premier Healthcare Alliance struck a deal with 4 major players in the cardiac device market for several cardiac rhythm management device portfolios.

MassDevice.com +3 | The top 3 med-tech stories for April 24, 2012.

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Plus 3

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.

If you read nothing else today, make sure you’re still in the know with MassDevice +3.

Orthofix sells Breg sports medicine unit to PE firm for $158M cash

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M&A

Orthofix (NSDQ:OFIX) agreed to sell all outstanding shares of its sports medicine subsidiary Breg Inc. to Breg Acquisition Corp., a newly formed subsidiary of private equity firm Water Street Healthcare Partners, for $157.5 million in cash.

Update: Orthofix subsidiary Breg wins in first pain pump trial, legal team responds

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Breg

Breg Inc., a division of Orthofix International (NSDQ:OFIX), declared victory in the first of a series of pain pump lawsuits to make it to trial.

A Billings, Mont., jury deemed Breg blameless of charges that it manufactured and sold a pump found to be defective and unreasonably dangerous.

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