A judge in Ireland reportedly dismissed the jury in a trial over threats made against Creganna Medical founder Ian Quinn by a neighbor. David Corbett, 48, was charged with making threats to kill or injure Quinn to three men between January 2012 and February 2014. Corbett’s trial began last week; he pleaded not guilty to all charges. […]
7 medtech stories we missed this week: April 28, 2017
From FDA and Health Canada approvals to joint ventures, here are 7 medtech stories we missed this week but thought were still worth mentioning. 1. FDA clears Joimax Endovapor 2 Joimax announced in an April 26 press release that it has received FDA 510(k) clearance to market its Endovapor 2 Multi-Radio Frequency System. The device […]
TE Connectivity picks up Creganna Medical for $895m
TE Connectivity (NYSE:TEL) said today that it agreed to pick up Irish medical device maker Creganna Medical for $895 million in cash. Cregganna, which is owned by private equity shop Permira Funds, posted sales of $250 million last year, Schaffhausen, Switzerland-based TE Connectivity said. “We expect our interventional sales post Creganna will increase to well […]
Creganna Medical expands Minnesota facilities
Creganna Medical said today it expanded its Plymouth, Minn.-based facilities, adding a 100,000 sq. ft manufacturing facilities that triples the company’s manufacturing footprint in the state. The medical device design and manufacturing company said it plans to add an additional 50 employees to its existing roster of 300 to support the expansion over the next […]
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