From disappointing Getinge earnings to a $2.25 billion U.S. Defense Department contract for Cardinal Health to a host of 510(k) clearances, here are seven recent medtech stories that are still worth a mention. 1. Getinge disappoints on earnings—again Getinge stock took a nearly 10% tumble last week after releasing earnings that Reuters says lagged analyst […]
Precision Spine said today it won FDA 510(k) clearance for its AccuFit lateral plating system designed to treat spinal instability. The Parsippany, N.J.-based company’s AccuFit lateral plate system consists of non-sterile, single use rigid plates designed to attach to the lateral portions of the vertebral body of the thoracolumbar spine with bone screws. “As a system that […]
Novadaq co-founder Mangat tapped for CEO Novadaq Technologies (TSE:NDQ) said Wednesday that it tapped co-founder and co-inventor of the company’s SPY imaging technology Rick Mangat as its new president and CEO, taking over for Arun Menawat who has resigned to pursue other opportunities. Mangat previously served as senior veep and general manager at Novadaq. “I […]
Precision Spine said today it won FDA 510(k) clearance for its reform modular and hydroxyapatite coated pedicle screw systems. The modular screw system is designed with a cobalt chrome tulip and proximal tapered triple lead thread designed to enhance pull-out strength and increase visibility, the Parsippany, N.J.-based company said “The Reform system is one of the […]
The FDA cleared Precision Spine’s Mini-Max system, a minimally invasive access device designed to help spine surgeons achieve the same or better results than so-called "gold standard" open surgical procedures.
The system features the existing minimally invasive surgery techniques, but aims to shorten physicians’ learning curves and reduce operating time, according to the press release.
A trio of medical device companies won nods from the FDA’s Center for Devices & Radiological Health this week, including a surgical sealer, a wireless cardiac monitor and a spinal plating system