Medtronic (NYSE:MDT) said today it partnered with Fitbit to integrate CGM data alongside physical activity data in Medtronic’s iPro2 myLog mobile application. The partnership will allow type 2 diabetes patients to more effectively manage their diabetes by being able to monitor how exercise affects their glucose levels, Fridley, Minn.-based Medtronic said. “We believe the integration […]
Medtronic
Chinese anti-trust regulators ding Medtronic for $17m
UPDATED Dec. 8, 2016, with background, comment from Medtronic. Chinese anti-trust regulators dinged MDT for more than $17 million for price fixing with its cardiovascular and diabetes devices. The ¥118.5 million fine levied by China’s National Development & Reform Commission on Medtronic (Shanghai) Management Co. stemmed from an investigation into the company’s dealings with local distributors. Medtronic sought to […]
Medtronic wins expanded CE Mark indication for Endurant II stent graft
Medtronic (NYSE:MDT) said today that it won an expanded CE Mark indication in the European Union for its Endurant II/IIs stent graft for treating abdominal aortic aneurysms. The expanded indication covers a new endovascular implantation approach using a parallel graft chimney approach called ChEVAR, which allows the device to be used to treat aneurysms with […]
PTAB tosses out Covidien patent in surgical shears spat with J&J’s Ethicon
The Patent Trial and Appeal Board has thrown out Medtronic (NYSE:MDT) subsidiary Covidien‘s patent on electrosurgical shears in a spat between the company and Johnson & Johnson‘s (NYSE:JNJ) Ethicon Endo-Surgery subsidiary, according to court documents released this week. The patent relates to a bipolar electrosurgical shearing instrument used to seal and cut blood vessels or vascular tissue, […]
Japan approves Medtronic’s CoreValve Evolut R heart valve
Medtronic (NYSE:MDT) said today that it won reimbursement and Shonin approval from the Japanese Ministry of Health, Labor & Welfare (MHLW) for its CoreValve Evolut R transcatheter aortic valve replacement. Fridley, Minn.-based Medtronic, which won pre-market approval from the FDA for the CoreValve Evolut R in June 2015, said the Japanese approvals include its Enveo R delivery system. […]
Siemens US CEO Spiegel to step down, Marks & Davis step up | Personnel Moves November 30, 2016
Siemens (NYSE:SI) said today that its U.S. CEO Eric Spiegel is retiring at the end of the year, with Lisa Davis slated to take the role of chair & CEO of the US-based Siemens Corporation, while Judith Marks will act as Siemens CEO U.S. Both changes are slated to go into effect January 1, 2017, according […]
Medtronic launches Integrated Health Solutions at University Hospitals
Medtronic (NYSE:MDT) said today it launched its Integrated Health Solutions, which aims to improve delivery of care and patient experience, inking the 1st agreement of its kind for the service with the University Hospitals healthcare system. The Fridley, Minn.-based company said it will work with UH to implement operational models designed to optimize workflow and […]
Medtronic wins EU nod for less-invasive HVAD implant procedure
Medtronic (NYSE:MDT) said today it won CE Mark approval in the European Union for a less-invasive implant procedure for the HVAD system left ventricular assist device it acquired along with HeartWare in August. The new implantation procedure uses a smaller incision than the previously cleared procedure, Fridley, Minn.-based Medtronic said, potentially lessening bleeding and related […]
S-Cape, Medtronic reveal new connected ORs in Spain
Medtronic (NYSE:MDT) and German medical digital integration group S-Cape revealed updated, fully connected operating rooms at a Spanish hospital today. The Andalusia region public healthcare service invested $1.27 million (EU €1.2 million) in creating a new operating room at Seville’s University Hospital Virgen Del Rocío, designed specifically for general and digestive surgery, according to Fridley, […]
Fires prompt warning on Medtronic’s Bellco Formula dialysis device
Medtronic (NYSE:MDT) today released an urgent field safety notice after receiving reports of 3 fires related to its Formula hemodialysis machines, though no injuries were reported related to the fires. Bellco, who makes the devices, was acquired by Medtronic in February for an undisclosed amount, and folded into a newly created renal care solutions division. The […]
Medtronic shares slip on missed Q2 sales mark, lowered outlook
Medtronic (NYSE:MDT) shares dropped in pre-market trading today after the world’s largest medical device company missed Wall Street’s expectations with its fiscal 2nd-quarter sales and lowered its outlook for the rest of the year. Fridley, Minn.-based Medtronic posted profits of $1.12 billion, or 80¢ per share, on sales of $7.35 billion for the 3 months […]