The healthcare products conglomerate acquired orthodontics devices maker Ortho Technology, medical distributor Modern Laboratory Services, and dental dealer Accord. The trio of companies represent annual sales of nearly $61 million.
Group purchasing organizations Premier and Amerinet inked supply deals with Z-Medica and American Scientific, respectively, and DFINE landed a five-year U.S. Dept. of Veterans Affairs supply contract.
Wallingford, Conn.-based hemostatic product maker Z-Medica scored a three-year contract with GPO superpower Premier Healthcare Alliance for its QuikClot interventional products to control bleeding at access sites in catheterization laboratories and interventional radiology departments. The agreement is effective through the end of October 2014.
MASSDEVICE ON CALL — North Carolina researchers built the first functional anal sphincters in a laboratory, and the organs developed blood flow and maintained function when implanted in mice.
While mouse studies are a far cry from preparation for human use, the lab-made sphincters could one day lead to treatment for urinary and fecal incontinence.
UPDATED Dec. 22, 12:35 p.m.
ICU Medical Inc. (NSDQ:ICUI) landed a patent victory over RyMed Technologies Inc.
An eight-person jury in the U.S. District Court for Delaware found that technology employed in Franklin, Tenn.-based RyMed’s InVision Plus IV connector infringes upon two patents owned by ICU Medical.
Tyco Healthcare, the corporate ancestor of Covidien plc (NYSE:COV), agreed to pay $32.5 million to settle a class-action antitrust lawsuit filed by a Louisiana hospital and a drug company accusing it of seeking to monopolize the market for the disposal of needles and syringes.
The Natchitoches Parish Hospital Service District and Smith Drug Co. sued Tyco in the U.S. District Court for Massachusetts, accusing Tyco of entering into exclusive purchasing contracts for sharps containers with individual customers and group purchasing organizations. Under the terms of the latter deals, the GPOs allegedly agreed not to broker sharps container sales by Tyco’s competitors.