A Delaware judge ruled that Johnson & Johnson must pay $1 billion in damages to Auris Health shareholders, according to media reports. Reuters, Bloomberg Law, and others report that the ruling claims that J&J breached its agreement to acquire Auris, which went through for $3.4 billion in February 2019. The deal also included up to […]
Johnson & Johnson
The 10 largest medical device companies
Medtronic remains at the top, but Johnson & Johnson MedTech is now a close second in the Medtech Big 100 list of largest medical device companies. Could we see a new No. 1 company in next year’s Medtech Big 100 report? Time will tell. But in the meantime, this year’s edition of Medical Design & […]
J&J’s DePuy Synthes launches MatrixSternum fixation system
Johnson & Johnson MedTech’s DePuy Synthes announced today that it launched its MatrixSternum plate and screw fixation system. MatrixSternum helps stabilize and secure the front part of the chest wall after procedures like open-heart surgery and chest surgery. DePuy Synthes designed the system to meet patients’ needs in the operating room with stronger locking strength […]
J&J’s Biosense Webster completes enrollment in pulsed field ablation trial, earns coverage win in Japan
Johnson & Johnson MedTech’s Biosense Webster announced today that it completed enrollment in its Omny-IRE pulsed field ablation (PFA) trial. The prospective, multi-center, non-randomized trial enrolled 188 patients in Europe and Canada. It evaluates the safety and effectiveness of the company’s Omnypulse platform. The J&J unit designed it for mapping and treating symptomatic paroxysmal AFib during […]
Johnson & Johnson’s chief human resources officer to retire, successor named
Johnson & Johnson announced today that EVP and Chief Human Resources Officer Peter Fasolo plans to retire. Fasolo intends to retire at the end of the year after spending close to two decades at J&J. The company picked Kristen Mulholland to succeed him, effective Oct. 1. Fasolo and Mulholland will work together during a transition […]
Johnson & Johnson to buy heart failure treatment maker V-Wave for up to $1.7B
Johnson & Johnson announced today that it agreed to acquire interatrial shunt maker V-Wave for up to $1.7 billion. The medtech giant says the planned acquisition extends its position as a leader in addressing cardiovascular disease. V-Wave develops cardiovascular implant technology that specifically targets heart failure with reduced ejection fraction (HFrEF). The company designed its […]
J&J’s DePuy Synthes launches new plating system
J&J MedTech’s DePuy Synthes unit today announced that it launched its TriLeap lower extremity anatomic plating system. DePuy Synthes designed TriLeap as a system of low-profile, procedure-specific titanium plates for foot and ankle surgeons. TriLeap covers a wide range of forefoot and midfoot reconstructive and trauma procedures. That includes the fixation and fusion of bones […]
FDA expands labeling for Linx reflux management system from J&J’s Ethicon
J&J MedTech’s Ethicon announced today that it received expanded FDA labeling for its Linx reflux management system. The new FDA labeling expands Linx’s availability to include patients with Barrett’s esophagus (BE) experiencing gastroesophageal reflux disease (GERD) symptoms. The FDA based its decision on a retrospective review of a 2021 study that found Linx safe and […]
J&J’s DePuy Synthes launches Velys surgical robot for spine
Johnson & Johnson’s DePuy Synthes announced today that it launched a dual-use robotics and standalone navigation platform that uses its Velys robot in spine surgery. This marks the latest development for Velys, J&J’s robotic orthopedic surgery system that won its first FDA clearance for total knee surgery in 2021. In June, Velys won FDA clearance […]
Johnson & Johnson tops Wall Street’s Q2 expectations, lowers EPS guidance
Johnson & Johnson shares were up today on second-quarter results that beat the Wall Street consensus. By the close of trading today, JNJ shares were up more than 3% to $156.58 apiece. MassDevice’s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — rose slightly. The New Brunswick, New Jersey-based […]
Johnson & Johnson MedTech launches digital surgical ecosystem
Johnson & Johnson MedTech (NYSE:JNJ) today unveiled Polyphonic, its open and secure digital surgical ecosystem. The ecosystem offers data source-agnostic software applications aimed to deliver insights where they matter most in surgery. Further releases could offer an open and secure development platform and marketplace for curated digital solutions. Johnson & Johnson’s first release — available […]
