Johnson & Johnson (NYSE:JNJ) subsidiary Ethicon said today it closed its acquisition of Torax Medical, and its Linx acid reflux treatment portfolio, for an undisclosed amount. The Linx system from Shoreview, Minn.-based Torax is an implant composed of interlinked titanium beads with magnetic cores that augments the esophageal sphincter’s barrier function to prevent reflux in patients […]
Ethicon
Baxter touts cost savings of Floseal in economic analysis studies
Baxter (NYSE:BAX) this week touted the publication of 2 health economic analyses of its Floseal hemostatic matrix, touting it as a cost-saving solution for hospitals to control bleeding during cardiac and spinal surgeries. Data in the studies came from previously published retrospective studies of a large US hospital billing database, according to Baxter. Results were published recently […]
J&J’s Ethicon mulls Scotland plant closure, 400 jobs at risk
Johnson & Johnson (NYSE:JNJ)’s Ethicon subsidiary may close a Scottish surgical suture manufacturing plant, taking 400 jobs with it, according to a BBC report. The decision to close the Livingston, Scotland plant was part of the company’s global restructuring plans, which were announced las January, according to J&J’s medical device division. “JJMD initiated the consultation process with […]
J&J’s Ethicon, DePuy Synthes launch orthopedic wound closure kits
Johnson & Johnson (NYSE:JNJ)’s Ethicon and DePuy Synthes said today they are launching customized wound closure kits designed for orthopedic surgery in the US. The newly-launched kits include Ethicon’s Stratafix knotless tissue control devices and Dermabond Prineo skin closure system, which Somerville, N.J.-based Johnson & Johnson said allow for better customization during orthopedic procedures. The wound […]
13 more women leaders in medtech
The medtech industry is increasingly gaining women leaders. Johnson & Johnson and Medtronic have a handful of women in positions of power, which is a step forward for women considering that only 4% of healthcare CEOs are women. Keeping with the theme of March’s Women’s History Month, here are 13 more women leaders in medtech that we […]
Ethicon goes ahead with Enseal X1 launch
Johnson & Johnson (NYSE:JNJ) subsidiary Ethicon is going ahead with the launch of its Enseal X1 instrument, despite an ongoing dispute with its longtime rival in the surgical cutting and sealing market, Medtronic (NYSE:MDT) subsidiary Covidien. “Enseal X1 is the latest example of how Ethicon is advancing technology to give surgeons greater control, access, and accuracy during surgical procedures […]
J&J’s Ethicon to buy Torax Medical
Johnson & Johnson (NYSE:JNJ) subsidiary Ethicon agreed to buy Torax Medical and its Linx acid reflux treatment for an undisclosed amount. J&J, which got in on a $25 million funding round for Torax last year, said the deal is “consistent with Ethicon’s strategy of advancing innovation and investing in areas of unmet medical needs such as esophageal […]
J&J touts NEJM publication of 5-year Type II diabetes bariatric surgery study
Johnson & Johnson (NYSE:JNJ) said today that 5-year results from the Ethicon-funded Stampede trial exploring the benefits of bariatric surgery and intensive medical therapy for diabetes patients were published in the New England Journal of Medicine. The trial aimed to explore the use of bariatric surgery and medical therapy for obese Type II diabetes patients […]
Appeals court upholds $3m verdict against J&J’s Ethicon in pelvic mesh case
A federal appeals court yesterday upheld a $3.3 million verdict against Johnson & Johnson (NYSE:JNJ) subsidiary Ethicon in a product liability lawsuit brought over its TVT-O pelvic mesh. A jury in the U.S. District Court for Southern West Virginia awarded Jo Huskey and her husband damages of $3.3 million, finding in September 2014 that the TVT-O transvaginal sling caused her […]
Verb Surgical debuts robot-assisted surgery prototype
Verb Surgical, Johnson & Johnson‘s (NYSE:JNJ) joint venture with Google parent Alphabet‘s (NSDQ:GOOGL) Verily Life Sciences, said today that it debuted its 1st digital surgery prototype to its collaboration partners at Ethicon Endo-Surgery and J&J. Robotic surgery, a fast growing field dominated by Intuitive Surgical (NSDQ:ISRG) and its da Vinci system, isn’t using robots yet, according to Verily CEO Andrew Conrad. In […]
J&J’s Ethicon wins FDA nod for Echelon Flex 45mm GST
Johnson & Johnson (NYSE:JNJ) subsidiary Ethicon said today it won FDA 510(k) clearance for its Echelon Flex 45mm endocutter with proprietary gripping surface technology. The clearance follows an earlier pass by the federal agency for Ethicon’s Echelon Flex 60mm powered plus stapler. With the new clearance, Echelon’s Flex GST system offers both 45mm and 60mm endocutters with […]