Here’s the latest personnel changes from medical device, diagnostics and life science companies around the nation. For more recent hirings and firings, check out MassDevice’s compilation of the latest personnel moves.
MassDevice keeps a close eye on public medical device companies, tracking their quarterly sales and earnings reports. For the most recent filings, check out our Earnings Roundup, where we collect each quarter’s reports.
Here’s a quick rundown of a few releases over the past couple days:
Hill-Rom Holdings Inc. (NYSE:HRC) acquired the minority interest of its Encompass TSS joint venture with Encompass Group, giving the company a 100 percent share of the subsidiary.
The two companies founded Encompass TSS, or Therapeutic Support Systems, approximately a year ago to run the distribution of medical bedding products that combined the companies’ technologies.
Electromed Inc. (NSDQ:ELMD) and several subsidiaries of Hill-Rom Holdings Inc. (NYSE:HRC) settled a trademark infringement spat over the branding on their respective high-frequency chest wall oscillation vests.
Terms of the settlement were not disclosed.
It’s not the first go-around between New Prague, Minn.-based Electromed and Hill-Rom over HFCWO vest branding. When Electromed introduced its MedPulse device, Hill-Rom sued in December 2000, alleging that the Electromed device infringed its trademark for "The Vest." That case was settled, also for undisclosed terms, in 2003.