The Guide device is designed to create a simulated 3D map of the brain’s electrical output, to help guide the placement of electrodes that deliver electrical pulses to the brain.
Intelect Medical Inc.
Republicans in the U.S. House of Representatives are getting ready to use the bully pulpit against the AARP and its support of the health care reform law, calling the senior citizens group on the carpet for a close look at its finances.
A pair of the House Ways and Means Committee’s sub-panels are slated to grill AARP executives April 1 about how the association will benefit from the Patient Protection & Affordable Care Act via its endorsements of various insurance products.
UPDATED: Jan. 5, 2011, 5:10 p.m. EST
Just a few weeks after taking its pain management arm off the auction block, Boston Scientific Corp. (NYSE:BSX) doubled down on the division with a $78 million buyout of Intelect Medical Inc.
After shopping its neuromodulation business for a spell last year, the Natick, Mass. based medical device maker pulled it off the market Dec. 15 after failing to find a suitor ardent enough to swallow a $1.5 billion price tag.
The neuromodulation medical device company Intelect Medical Inc. recently left its Cleveland headquarters for Boston. Now it may be in for a departure of another order — namely, an exit.