A new study published in the Journal of the American College of Cardiology found that patients treated with Edwards Lifesciences‘s (NYSE:EW) and Medtronic‘s (NYSE:MDT) CoreValve showed similar results after 1 year. The 241-patient trial examined high-risk patients with symptomatic severe aortic stenosis 1 year after being treated with either Edwards’s Sapien balloon expanding or Medtronic’ self-expanding […]
Medtronic
Medtronic provides the lone bright spot for IntriCon’s Q2
IntriCon (NSDQ:IIN) this week said that its 2nd-quarter sales and earnings were off, except for an 8% increase in its medical business revenues largely credited to Medtronic (NYSE:MDT), the body-worn sensor company’s largest customer. Arden Hills, Minn.-based IntriCon posted profits of $506,000, or 8¢ per share, on sales of $17.1 million for the 3 months ended […]
Medtronic recalls some EnVeo R TAVI loading systems
UPDATED August 7, 2015, with comment from Medtronic. Medtronic (NYSE:MDT) is recalling some 6,900 EnVeo R loading systems for its CoreValve Evolut R replacement heart valve, after particulate matter turned up in some lots. The FDA gave the 6,912-unit recall Class I status, denoting a problem that could lead to serious injury or death. Fridley, Minn.-based […]
PAD: Medtronic launches Entrust delivery device
Medtronic (NYSE:MDT) said today it launched the Entrust delivery system in the U.S., designed to work with the company’s EverFlex self-expanding peripheral stent for treating peripheral arterial disease. The system allows operating physicians to maintain a low profile while deploying the stent to re-open stenotic regions in the superficial femoral and proximal popliteal arteries that supply blood […]
TAVI: Study finds low stroke rates with Medtronic’s CoreValve
A clinical study of nearly 1,000 patients implanted with Medtronic‘s (NYSE:MDT) CoreValve replacement heart valve found a low rate of stroke out to 2 years. The study, published last month in the Journal of the American College of Cardiology, evaluated patients for neurological events over 3 periods after the procedure to implant the CoreValve transcatheter aortic […]
Covidien wants Supreme Court to hear appeal in $177m patent spat with Ethicon
Medtronic‘s (NYSE:MDT) Covidien subsidiary wants the U.S. Supreme Court to hear its appeal in a patent infringement case against Johnson & Johnson‘s (NYSE:JNJ) Ethicon Endo-Surgery unit over surgical shears. In December 2014 the U.S. Court of Appeals for the Federal Circuit overturned a decision granting a $177 million award to Covidien in the U.S. District Court for Connecticut, where Judge Janet Bond […]
UPDATE: Medtronic warns on potential MiniMed pump glitch
Medtronic (NYSE:MDT) is informing customers with a select number of its MiniMed 620G and 640G insulin pumps of an issue with the Bolus screen displaying a bolus amount that is not up to date, according to an FDA report filed last week. Medtronic began notifying customers with the devices on June 19, informing them of an error with […]
Medtronic can’t shake spine surgeon’s patent suit
Medtronic (NYSE:MDT) can’t shake an infringement lawsuit brought by a Nevada spine surgeon over patents covering the scoliosis treatment he created, but won’t be subject to pre-case damages on all of the patents, a federal judge ruled last week. Dr. Mark Barry sued in February 2014, alleging that Medtronic’s CD Horizon Legacy spinal system infringes the patents, all entitled “System […]
Medtronic asks Supremes to review loss to NuVasive
Medtronic (NYSE:MDT) this month asked the U.S. Supreme Court to review an appeals court’s decision upholding a patent infringement win for longtime spinal implant rival NuVasive Inc. (NSDQ:NUVA). In April, the U.S. Court of Appeals for the Federal Circuit upheld without comment a U.S. Patent & Trademark Office decision that a NuVasive patent is valid. Medtronic had argued that the […]
Medtronic wants $6m for legal fees in Mirowski spat
Medtronic (NYSE:MDT) asked a federal court for a $6 million award to cover its legal costs in the long-running battle with Mirowski Family Ventures involving patents licensed to Boston Scientific (NYSE:BSX). A federal judge in Delaware ruled in June that MFV must cover legal costs in the case, which made it all the way to the U.S. Supreme Court […]
FDA: Medtronic’s Shiley trach tube recall is Class I
The FDA classified Medtronic‘s (NYSE:MDT) recall of certain lots of its Shiley neonatal and pediatric tracheostomy tubes as Class I, the most serious type of recall issued by the federal watchdog. A Class I label from the FDA indicates that “there is a reasonable probability that use of these products will cause serious adverse health consequences or death.” […]
