IZI Medical Products extended its M&A spree today with the acquisition of a set of biopsy and breast localization needles from Cook Medical for an undisclosed amount. Last September YY-based IZI picked up Benvenue Medical’s vertebral augmentation portfolio, also for an undisclosed amount; in May 2017, the company paid an unspecified price for Cook’s vertebroplasty devices, including the Duro-Ject […]
Cook Medical buys ex-cigarette plant in N.C.
Cook Medical said today that it inked a deal to buy a former cigarette manufacturing plant in North Carolina. The company plans to begin converting a portion of the R.J. Reynolds building in Winston-Salem’s Whitaker Park into a medical device manufacturing plant this year. More than 650 employees will work in the 850,000-square-foot facility, according […]
Judge guts plaintiff’s case in 2nd Cook Medical IVC bellwether
An Indiana judge last week gutted the plaintiff’s case in the second bellwether trial in the multi-district litigation brought over Cook Medical‘s inferior vena cava filters. Tonya Brand sued Cook in 2014, alleging that the Celect IVC filter implanted prior to a spine procedure fragmented, sending the broken pieces into her thigh and near her […]
Cook Medical inks deal to distribute Taewoong Medical Niti-S esophageal stents
Cook Medical said today that it inked a collaborative deal with South Korean Taewoong Medical to distribute a selection of the company’s stents in the U.S. The deal includes Taewoong’s Niti-S Through The Scope esophageal stent, which is the flagship product of the company’s Niti-S self-expandable line of metal gastrointestinal stents, Cook said. The Niti-S TTS […]
Cook Medical wins FDA nod for 5mm Zilver PTX stent
Cook Medical said it won FDA approval for a smaller-diameter version of its Zilver PTX peripheral drug-eluting stent. Bloomington, Ind.-based Cook said the approval for the 5mm diameter Zilver PTX makes it the first such stent up to 140mm that’s approved in the U.S. for vessels as small as 4mm. Get the full story at our […]
TCT 2018: Boston Scientific wins FDA nod for drug-eluting vascular stent
On the heels of positive study results at the 30th Transcatheter Cardiovascular Therapeutics meeting, Boston Scientific (NYSE:BSX) won FDA approval for its drug-eluting vascular stent system, Eluvia. The device, which is designed for the treatment of peripheral artery disease, uses a drug-polymer combination to deliver paclitaxel over the course of a year. Get the full story at our […]
FDA closes out Cook Medical manufacturing facility warning letter
Cook Medical said today that the FDA closed out a 2014 warning letter it sent to the company over quality system issues with its Bloomington, Ind.-based manufacturing facilities. The company touted the closure of the warning letter for the plant, which makes vascular implants, intravascular catheters and related systems, and said that it was the result […]
Report: Cook Medical warns of Brexit-imposed UK importation issues
Cook Medical is concerned that the Brexit may affect its ability to export products from Ireland to the UK after 2020, according to a new Irish Times report. The Bloomington, Ind.-based company, which employs 850 people in Limerick, Ireland, is looking to extend a transition agreement originally slated to end in 2020 until 2025 to allow […]
Cook Medical touts launch, first use of Advance CS, Compass CT systems
Cook Medical today announced the launch and first use of its Advance CS coronary sinus infusion catheter and Compass CT disposable pressure transducer designed for treating heart failure patients. The CS catheter is a percutaneous balloon infusion catheter designed for use in retrograde coronary sinus infusion procedures to infuse therapeutic agents into the heart via the […]
Cook Medical to convert N.C.-based cigarette facility to med device factory
Cook Medical today announced plans to acquire a Winston-Salem, N.C.-based former cigarette facility, with plans to convert it into a medical device manufacturing facility. The 850,000 square-foot building, which was built in 1961 and ceased production in 2012, will house more than 650 local Cook Medical workers, the Bloomington, Ind.-based company said. The acquisition of the […]
7 medtech stories we missed this week: June 8, 2018
From Royal Philips receiving FDA clearance to NeuroPace launching its epilepsy treatment device, here are seven medtech stories we missed this week but thought were still worth mentioning. 1. FDA clears Philips’s Ingenia Elition 3.0T MR scanner Royal Philips announced in a June 5 press release that it has received FDA 510(k) clearance for its Ingenia […]
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