Medtronic (NYSE:MDT) said today that it’s launching several new components for its oblique lateral spinal fusion system. Fridley, Minn.-based Medtronic said the Pivox system for its OLIF25 and Divergence-L for the OLIF51 system are slated to debut at the International Meeting on Advanced Spine Techniques in Washington this week. The OLIF procedures are designed to minimize […]
Medtronic
FDA approves longer version of Medtronic’s In.Pact Admiral drug-coated balloon
Medtronic (NYSE:MDT) said today that the FDA approved a longer version of its In.Pact Admiral drug-coated balloon for treating peripheral artery disease. The 150mm-lenth device is available in 4mm, 5mm and 6mm diameters, the Fridley, Minn.-based company said. The FDA originally cleared the In.Pact Admiral DCB in January 2015, about 6 years after it won […]
Mazor unveils Mazor X robotic spinal surgery platform
Mazor Robotics (NSDQ:MZOR) today unveiled its Mazor X robotic spinal surgery system, designed to combine analytical tools, precision guidance, optical tracking and intra-operative verification into a single, spinal surgical aid system. The Mazor X is slated to launch during the North American Spine Society’s annual meeting in Boston in October, the Israeli company said. “What we […]
Medtronic’s NuVent sinus dilation device wins expanded indications from FDA
Medtronic (NYSE:MDT) said today that its NuVent sinus dilation device won expanded indications from the FDA. The new indications cover patients with scarred, granulated, or previously surgically-altered tissue, according to the Fridley, Minn.-based medical device giant. The device works with an electromagnetic navigation tool called Fusion, which is designed to help physicians confirm anatomy and optimize placement during balloon […]
Medtronic warns on wire fracture risk with Activa DBS devices
Medtronic (NYSE:MDT) last month cautioned surgeons to be careful not to implant its Activa deep-brain stimulation devices with sharply bent or kinked wires, after receiving reports of wire fracture. In a June letter to physicians, Fridley, Minn.-based Medtronic said it learned of 16 instances of high impedance measurements that were later found to be caused […]
NuVasive ponies up $45m to settle Medtronic beef
NuVasive Inc. (NSDQ:NUVA) said yesterday that it agreed to pay Medtronic (NYSE:MDT) $45 million to settle their long-running patent infringement beef. The companies expect to reach a final agreement within 15 days, putting to rest a battle that began when Medtronic subsidiary Warsaw Orthopedic sued NuVasive in 2008. San Diego-based NuVasive counter-sued; in September 2011 a jury […]
Appeals court upholds patent win for Medtronic’s Cardiocom
A federal appeals court yesterday upheld a win for Medtronic (NYSE:MDT) subsidiary Cardiocom in a patent battle with Robert Bosch Healthcare Systems. The U.S. Court of Appeals for the Federal Circuit upheld rulings by the U.S. Patent & Trademark Office’s Patent Trial & Appeal Board that invalidated a trio of Bosch patents. Bosch had alleged that the […]
Report: Medtronic files for FDA approval of MiniMed 670G ‘artificial pancreas’
Medtronic (NYSE:MDT) has reportedly filed for pre-market approval from the FDA for its MiniMed 670G “artificial pancreas,” which is designed to automatically track and adjust blood sugar levels in patients with diabetes, and expects the federal safety watchdog to issue a decision within a year. The device measures blood glucose every 5 minutes to keep […]
Medtronic launches Beacon HF monitoring service
Medtronic (NYSE:MDT) said today it launched its Beacon heart failure management service in the U.S., designed to monitor data from cardiac pacing devices to improve early interventions before heart failure events. The service, which integrates data from the company’s implantable cardioverter defibrillator and cardiac resynchronization therapy devices, will allow patients to engage in daily health checks to […]
Medtronic, Cochlear get in on $51m Earlens round
Earlens said today that it raised a funding round worth $51 million for the light-driven hearing aid it developed, pulling down $34 million in cash and another $17 million in a bridge financing conversion. The Earlens device, which last October won 510(k) clearance from the FDA, uses a laser diode attached to a behind-the-ear audio processor to […]
Medtronic to put up $1.1B for HeartWare
Medtronic (NYSE:MDT) said today that it agreed to put up $1.1 billion for implantable cardiac pump maker HeartWare International (NSDQ:HTWR). The $58-per-share deal, which represents a 93.4% premium over HeartWare’s $29.98 closing price June 24, is slated to close by Oct. 28 (the end of Medtronic’s fiscal 2nd quarter). HeartWare’s 30-day closing average as of June 24 […]