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Hospira Inc.

Hospira lowers 2013 forecast after FDA bans more infusion pump imports

February 14, 2013 By MassDevice staff Leave a Comment

Hospira logo

Infusion pump maker Hospira (NYSE:HSP) restated its 2013 financial guidance after the FDA banned imports of certain of Hospira’s infusion pumps.

Filed Under: Drug Pumps, Food & Drug Administration (FDA), MassDevice Earnings Roundup, News Well, Recalls, Wall Street Beat Tagged With: 2012, 2013, Hospira Inc., Q4

BlackRock boosts medical device stakes

January 30, 2013 By MassDevice staff Leave a Comment

BlackRock Inc.

BlackRock Inc., 1 of the world’s largest hedge funds, boosted its stake in a clutch of medical device companies, with 1 exception.

Filed Under: Funding Roundup, News Well, Wall Street Beat Tagged With: becton dickinson, BlackRock Inc., Boston Scientific, C.R. Bard, Covidien, Dexcom, Edwards Lifesciences, Endologix, Grifols, Hospira Inc., MAKO Surgical Corp., Orthofix, Philips, Sirona, stjudemedical, Varian Medical Systems

FDA blocks Hospira Symbiq touchscreen-enabled infusion pump imports

November 14, 2012 By MassDevice staff Leave a Comment

Hospira logo

Infusion pump maker Hospira (NYSE:HSP) found itself in deepening water after the FDA decided to prohibit the company from importing any new lots of its Symbiq touchscreen-enabled infusion pumps.

Filed Under: Drug Pumps, Food & Drug Administration (FDA), News Well, Recalls Tagged With: Hospira Inc.

Recall: Hospira infusion pump touchscreen issue gets Class I status from FDA

October 29, 2012 By MassDevice staff Leave a Comment

Hospira logo

Infusion pump maker Hospira (NYSE:HSP) recalled 2 of its touchscreen-enabled infusion pumps over software concerns that may affect medication delivery.

Filed Under: Drug Pumps, Food & Drug Administration (FDA), News Well, Recalls Tagged With: Hospira Inc.

FDA warns infusion pump maker over violations at Costa Rica plant

August 29, 2012 By MassDevice staff Leave a Comment

Hospira logo

Infusion pump maker Hospira (NYSE:HSP) received an FDA warning after the federal watchdog agency recorded manufacturing violations at the company’s Costa Rica manufacturing facility.

In September 2011 Hospira recalled certain Plum infusion pumps after receiving reports that the devices’ alarms were not functioning.

Filed Under: Food & Drug Administration (FDA), News Well Tagged With: Hospira Inc., Warning Letter

Smith & Nephew subsidiary names new chairman | Personnel Moves

August 3, 2012 By MassDevice staff Leave a Comment

fired/hired

 Durata appoints new chairman and independent director

Filed Under: News Well Tagged With: Durata Therapeutics, Hospira Inc., NanoString, Personnel Moves, Smith & Nephew

Steve Nunes resigns from MAKO | Personnel Moves

July 19, 2012 By MassDevice Leave a Comment

fired/hired

 Steve Nunes Resigns from MAKO

Filed Under: News Well Tagged With: Hospira Inc., MAKO Surgical Corp., Personnel Moves, Retractable Technologies Inc., Zimmer Biomet

Thoratec kills it in Q1, Wall Street shrugs | Earnings Roundup

May 2, 2012 By MassDevice staff Leave a Comment

MassDevice.com news

Thoratec (NSDQ:THOR) started today up 7.2% as investors reacted to its stellar 1st-quarter numbers, but by the time the market closed THOR shares had fallen back to Earth to close at $34.46, down 0.1%.

The heart pump maker posted profits of $25.5 million, or 43¢ per diluted share, on sales of $126.8 million for the 3 months ended March 31.

Filed Under: MassDevice Earnings Roundup, News Well, Structural Heart Tagged With: 2012, Allergan, Dentsply Sirona, dextera, Digirad Corp., DJO Global, Endologix, Exactech Inc., Hamilton Thorne Inc., Hospira Inc., integer, Q1, ResMed Inc., Thoratec Corp.

Smith & Nephew adds Baroness Bottomley to board of directors | Personnel Moves

April 12, 2012 By MassDevice staff Leave a Comment

fired/hired

British orthopedic giant Smith & Nephew (NYSE:SNN) added former Parliament member and conservative politician Baroness Virginia Bottomley of Nettlestone to its board of directors.

Bottomley served in the U.K.’s House of Commons from 1984 to 2005, after which she was raised to "peerage," a term of ranking for British nobility.

Filed Under: News Well, Orthopedics, Wall Street Beat Tagged With: Asante Solutions, Hospira Inc., InVivo Therapeutics, Optos Inc., Personnel Moves, Smith & Nephew, Vessix Vascular Inc.

Diabetes: Abbott lands FDA win for touch-screen glucose monitor | Regulatory Roundup

March 9, 2012 By MassDevice staff Leave a Comment

regulatory roundup

 Abbott lands FDA clearance for Freestyle InsuLinx blood glucose monitoring

Filed Under: 510(k), News Well Tagged With: Abbott, Avedro Inc., Hospira Inc., Icon Interventional, Regulatory Roundup

Moody’s estimates med-tech tax impact

March 9, 2012 By MassDevice staff Leave a Comment

MassDevice.com med-tech tax coverage

The 2.3% tax on revenues slated to go into effect next year for medical device makers could top $650 million for the med-tech companies covered by Moody’s Investor Services, according to a report by the ratings agency.

The tax will help slow EBIDTA growth rates for the med-tech sector to between 1% and 4% over the next year to 18 months, according to Moody’s, with organic growth rates of between 2% and 3% during that period.

Filed Under: News Well, Wall Street Beat Tagged With: Baxter, becton dickinson, Bio-Rad Laboratories, Biomet, Boston Scientific, C.R. Bard, CareFusion Corp., Covidien, Dentsply Sirona, DJO Global, Hillrom, Hospira Inc., Immucor Inc., Kinetic Concepts Inc., stjudemedical, Stryker, Teleflex, Zimmer Biomet

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