The Medical Device Business Journal — Medical Device News & Articles | MassDevice
Angeion Corp. (NSDQ:ANGN) narrowed its 1st-quarter losses despite flat sales for the 3 months ended Jan. 31.
Although dragged down by a tough European climate, focusing on group purchasing organization and service revenues kept the company’s sales from sliding, the cardiorespiratory diagnostic systems maker said.
SurModics Inc. (NSDQ:SRDX) announced today that it will reduce its workforce by about 9 percent, starting with its executive team.
Senior VP and CFO Philip Ankeny was "included in the reduction," and his CFO responsibilities shifted to current senior director and general manager Timothy Arens on an interim basis.
Namal Nawana is the new president of DePuy Spine, succeeding Gary Fischetti, who was named chairman of the DePuy group in January by its corporate parent, Johnson & Johnson (NYSE:JNJ).
Nawana, a 13-year vet at the New Brunswick, N.J.-based medical products conglomerate, pulled stints in several areas, including engineering, marketing, sales and general management in Europe, Canada, Australia and the Asia Pacific, according to a press release.
