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Micromet

St. Jude Medical rebounds after “Greek tragedy” | Wall Street Beat

March 7, 2012 By MassDevice staff Leave a Comment

MassDevice.com Wall Street Beat

Shares of St. Jude Medical (NYSE:STJ) clawed back some of the value lost yesterday in what 1 waggish analyst termed a “Greek tragedy.”

STJ shares closed down 3.3% yesterday at $39.96 when the company revealed a $56 million writedown after a Greek distributor failed to pay up for an estimated 2 years worth of sales.

Filed Under: News Well, Wall Street Beat Tagged With: Advanced Cell Technology Inc., Allezoe Medical Holdings, Amgen, Baxter, BG Medicine Inc., CareFusion Corp., GE Capital, Hillrom, MAKO Surgical Corp., Micromet, Nordion Inc., Nuance Communications Inc., Sequent Medical, stjudemedical, Syneron Medical Ltd., Transcend Services, TransPharma Medical, Zeltiq

Families sue Synthes over patients’ deaths | Legal Roundup

March 2, 2012 By MassDevice staff Leave a Comment

Synthes

The families of 2 patients who died on the operating table during spine surgery involving the use of Synthes’ Norian XR bone cement are suing the company and 4 former executives for wrongful death and elder abuse, according to the Philadelphia Inquirer.

The lawsuit, filed in California Superior Court, was brought by the families of Ryoichi Kikuchi and Barbara Marcelino, both 83. They died after surgeons injected the bone cement during their procedures, but there is no definitive link between their deaths and use of the cement as a cause of death, according to the newspaper.

Filed Under: Food & Drug Administration (FDA), Legal News, News Well Tagged With: Amgen, Bovie Medical Corp., depuysynthes, Legal Roundup, Micromet, Norian Corp., Nuvasive, Philips, Saint-Gobain, Varian Medical Systems, Washington Legal Foundation, Zecotek

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