Hospitals in Australia are reportedly running low on medical supplies such as sutures and staples due to a problem with Medtronic‘s (NYSE:MDT) supply chain system. A health department spokesman told The Mercury that some health providers were experiencing delays, but hospitals can share supplies thanks to Australia’s centralized ordering and surgical operations should be unaffected. Some health providers are on […]
Covidien
J&J’s Ethicon seeks court ruling of non-infringement on Enseal
Johnson & Johnson‘s (NYSE:JNJ) Ethicon and Medtronic (NYSE:MDT) subsidiary Covidien took to court again this week, continuing an ongoing spat over patents related to surgical shears and sealers. Ethicon this week asked a federal judge in Massachusetts to find that its Enseal X1 surgical instrument doesn’t infringe a quintet of patents owned by Medtronic’s Covidien unit. The […]
PTAB tosses out Covidien patent in surgical shears spat with J&J’s Ethicon
The Patent Trial and Appeal Board has thrown out Medtronic (NYSE:MDT) subsidiary Covidien‘s patent on electrosurgical shears in a spat between the company and Johnson & Johnson‘s (NYSE:JNJ) Ethicon Endo-Surgery subsidiary, according to court documents released this week. The patent relates to a bipolar electrosurgical shearing instrument used to seal and cut blood vessels or vascular tissue, […]
Inside the largest medical device acquisition in history
By Heather Thompson In June 2014, Medtronic and Covidien shook the medical technology industry with the announcement of a merger of unprecedented scale. OCTANe’s Medical Investor Forum, held in Irvine, Calif., Oct. 27-28, featured a conversation between Geoff Martha, who led Medtronic’s team for the $50 billion merger, and Brett Wall, former president of Covidien […]
Coating issue still plagues the Pipeline device as Medtronic issues another recall
The coating issue that’s bedeviled the Pipeline device made by Medtronic (NYSE:MDT) last week prompted another recall for the brain aneurysm treatment. Originally developed by Ev3, the Pipeline device is designed to divert blood from the aneurysm. Covidien acquired Ev3 in the summer of 2010, paying $2.6 billion in cash, and the technology moved to Medtronic with its […]
Covidien spinout Mallinckrodt to acquire Stratatech
Mallinckrodt plc (NYSE: MNK) said today that it agreed to acquire Stratatech and its StrataGraft artificial skin graft technology for an undisclosed amount. Mallinckrodt, the pharmaceuticals business spun out of Covidien in 2013, said the deal also includes Stratatech’s development program for genetically enhanced skin. The acquisition is expected to close before the end of the year, the Dublin-based company […]
Haemonetics taps ex-Medtronic CIO Burke as new CFO | Personnel Moves August 4, 2016
ReVision Optics taps Shields as sales veep ReVision Optics said last week it named Frank Shields to the newly created position of vice president of sales worldwide, effective immediately. Shields spent 17 prior years with Basuch & Lomb, most recently as a regional sales manager. “We are pleased to attract a highly talented professional like Frank […]
Si-Bone’s new CCO is ex-Baxano CEO Recupero | Personnel Moves July 6, 2016
Millar promotes Daugherty to CEO Millar said yesterday it tagged former prez Tim Daugherty as its new CEO, succeeding former chief Craig Thummel effective July 1. Daugherty has served as prez at the company for over a year, and has been with the company for 13 years. Thummel announced his retirement in late 2015, and […]
Appeals court won’t review J&J’s Ethicon loss in stapler patent spat with Covidien
The U.S. Patent and Trademark Office Patent Trial and Appeal Board today denied a rehearing request after a loss in a spat between Johnson & Johnson (NYSE:JNJ) and Covidien, now owned by Medtronic (NYSE:MDT) . The case, over surgical stapler patents owned by Johnson & Johnson and contested by Medtronic, was originally filed in 2013. The decision today was […]
Medtronic patent exec Ruschke nominated to lead PTAB | Personnel Moves May 11, 2016
RIP medtech entrepreneur Schuck Medtech entrepreneur Edward Schuck passed away at 75 on April 2, according to the Minneapolis Star Tribune. Shuck spent a long stint with Medtronic in its neuromodulation device division in the 70s, and went on to co-found EdenTec, a company looking to use technology to save infants from dying unexpectedly in […]
C.R. Bard settles clutch of pelvic mesh lawsuits
A West Virginia federal judge yesterday dismissed nearly 150 product liability lawsuits brought against C.R. Bard (NYSE:BCR) over its pelvic mesh products, after an appeals court earlier this year upheld a $2 million verdict against the company in another suit. Judge Joseph Goodwin of the U.S. District Court for Southern West Virginia, who’s overseeing the multi-district […]