Medtronic (NYSE:MDT) said today it launched the Infinity occipitocervical-upper thoracic system intended for use in posterior cervical spine surgery in the US. The Infinity OCT system is designed to be a complete procedural solution which integrates navigation and biologics with the Fridley, Minn.-based company’s devices and instrumentation for posterior cervical spinal surgery procedures. “Some of our […]
M&A chatter: Could J&J be eyeing Boston Scientific, Edwards? Did Medtronic pay too much for Mazor?
The M&A rumors in medtech are in full swing, with a Wells Fargo analyst suggesting that Johnson & Johnson (NYSE:JNJ) could be eyeing major cardiac device players Boston Scientific (NYSE:BSX) and Edwards Lifesciences (NYSE:EW) for a big-ticket buy, while a Motley Fool analyst thinks Medtronic (NYSE:MDT) may have paid too much to pick up Mazor Robotics (NSDQ:MZOR). Wells Fargo analyst […]
Medtronic is all-in on surgical robotics with $1.6B Mazor buy
Medtronic (NYSE:MDT) is all-in on the surgical robotics game now that’s inked a deal to buy Mazor Robotics (NSDQ:MZOR) for more than $1.6 billion in cash. The world’s largest medical device maker has held a position in Mazor, which makes the Mazor X guidance system and the Renaissance robot-assisted spine surgery platform, since May 2016. In September […]
The 10 largest medical device companies in the world
Medtronic and Johnson & Johnson remain the world’s largest medical device companies. But after that, the roster is radically shifting amid a slew of mergers and acquisitions. In some cases such as GE, Philips and Siemens, major multinationals are breaking apart. We’ve sifted through data from public companies’ annual reports and other publicly disclosed information, […]
Medtronic launches study for bicuspid TAVR in low-risk patients
Medtronic (NYSE:MDT) said today that it’s launching a study of its CoreValve Evolut replacement heart valve in a low-risk patient population with a genetic form of heart disease, following a pair of FDA decisions about the treatment. The Fridley, Minn.-based medtech titan said the FDA granted an investigational device exemption for a single-arm trial of […]
Medtronic joins initiative to bring more women into the board room
Medtronic (NYSE:MDT) said today that it joined the Catalyst CEO Champions For Change initiative, pledging to add more women to its executive team and board of directors. The medtech titan teamed up with global nonprofit Catalyst and promised that it would “strengthen the pipeline of women” within the organization using annual reviews and data tracking. […]
The 10 largest medtech employers of 2018 – and what their employees really think
Among the 10 largest medtech employers, workers feel pride in working on life-saving products – but there’s also frustration with big corporate bureaucracy. That was the major takeaway as Medical Design & Outsourcing compiled some of the most insightful current and former employee reviews posted on Glassdoor. The 10 companies we’re counting down were the largest […]
FDA warns Medtronic on CRM plants in Minnesota, Puerto Rico
The FDA this week released warning letters it sent to Medtronic (NYSE:MDT) over issues with cardiac rhythm management plants in Minnesota and Puerto Rico. The federal safety watchdog said inspections in April and May at both plants turned up problems related to the recall of CRM devices over high-voltage arcing, which led to the recall […]
Report: Medtronic taps electronic musician to design home cardiac monitor tones
Medtronic (NYSE:MDT) has tapped 38-year-old ambient electronic musician Yoko K. Sen to design a set of tones for its remote heart monitor, according to a report from STAT. The news outlet reported today that Sen was charged with developing tones that warn users about an array of problems, like a dead battery or Wi-Fi connectivity issues. Sen is […]
Medtronic launches one-month DAPT study for drug-eluting stent in U.S., Japan
Medtronic (NYSE:MDT) said today that it’s launching a study in the U.S. and Japan to evaluate dual antiplatelet therapy in high bleeding risk patients implanted with the Resolute Onyx drug-eluting stent during percutaneous coronary intervention. The company’s Onyx One Clear study is one of the first designed to assess the risk of cardiac death and stent […]
Korean medtech companies to get a boost from Medtronic
Medtronic will help Korean medical device companies to do more business globally, the president of Medtronic Korea said during a conference in Seoul today. “We are planning to concentrate more on Korean medical firms as the country has high-quality medical technology and highly developed engineering technology,” said Hurh Joon during a press conference at the InterContinental […]
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