A rating agency specializing in evaluating risky investments added Boston Scientific (NYSE:BSX) to its "Risk List," citing the ongoing fallout from its ill-starred Guidant buyout, its accounting and governance practices and how it pays its executives.
Carestream Health Inc.
BSX launches Promus Element stent in Japan | Regulatory Roundup
Welch Allyn CEO Julie Shimer to retire | Personnel Moves
Welch Allyn president & CEO Julie Shimer announced plans to retire from the Skaneateles Falls, N.Y.-based diagnostics maker by the end of 2012.
Shimer became the first woman to hold the corner office at the 95-year old company when she took the position in 2007 after 5 years on the med-tech maker’s board of directors.
Diabetes: FDA clears t:slim portable pump and iglucose management system | Regulatory Roundup
Tandem Diabetes Care and PositiveID (OTC:PSID) landed FDA clearance for their t:slim portable insulin pump and iglucose diabetes management systems, respectively.
Whistleblower to SNN: Cough up sales docs | MassDevice.com Legal Roundup
A former Smith & Nephew (NYSE:SNN) executive wants a Tennessee federal court to force the company to cough up documents detailing its sales to the U.S. government as part of his whistleblower lawsuit accusing the firm of breaking the Trade Agreements Act.
Personnel moves: Linscott joins Carestream Health as general counsel and corporate secretary
- Walt Addison Linscott joins Carestream Health as general counsel and corporate secretary
Walt Addison Linscott will join Carestream Health on Jan. 3, 2011, as general counsel and corporate secretary. In this role, he will lead the company’s worldwide legal organization and will be a member of the company’s senior leadership team.
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Clearances roundup: Carestream Health wins final FDA approval for CR mammography system
Here’s a roundup of companies announcing clearances and approvals from the Food & Drug Administration and foreign regulatory agencies:
Wright, Philips, Carestream land federal dollars
Wright Medical Group Inc. (NSDQ:WMGI), Philips Healthcare (NYSE:PHG) and Carestream Health Inc. won a grant and two contracts from various branches of the federal government worth a collective $22.4 million.
The U.S. Dept. of Defense awarded a $2.4 million grant to Wright Medical for a clinical study of its pellet-based bone graft substitute for combat-related open fracture wounds.
Carestream strikes back against Caliper with patent infringement lawsuit
Carestream Health Inc. accused Caliper Life Sciences Inc. of violating one of its patents, nearly five months after Caliper slapped Carestream with a patent infringement lawsuit of its own.
Caliper sues Carestream over diagnostics imaging patents
Caliper Life Sciences Inc. (NSDQ:CALP) sued Carestream Health Inc., accusing the Rochester, N.Y.-based company of violating a suite of seven diagnostics imaging patents Caliper licenses from Stanford University.
The lawsuit, filed in the U.S. District Court for Eastern Texas, alleges that Carestream’s In-Vivo Molecular Imaging Solutions and Image Station Molecular Imaging Solutions lines, including a series of Kodak-brand devices Carestream acquired from Eastman Kodak Co. in 2007, infringes the patents covering Caliper subsidiary Xenogen Corp.’s IVIS imaging system. The IVIS devices are used for preclinical non-invasive imaging of mammals covered by the Caliper patents.