In this week’s DeviceTalks Weekly podcast, we’ll first delve into Medtech’s own brewing Supreme Court battle. J. Michael Jakes, a partner at Finnegan, will tell us why the industry should be watching when the Supremes review the latest patent battle between Arthrex and Smith+Nephew. We’ll also talk about Medtronic’s Analyst Meeting where CEO Geoff Martha […]
Smith+Nephew
The top 5 MassDevice stories of the week — October 16, 2020
For the second consecutive week, medtech giant Medtronic (NYSE:MDT) managed to dominate the news on MassDevice. The company’s “Investor Day” brought about several headlines, including new clinical trials ahead and a rallying cry from CEO Geoff Martha. Other news that garnered some attention came in the form of a new ultrasound system from another big player […]
U.S. Supreme Court to hear Arthrex challenge to constitutionality of patent judges
The U.S. Supreme Court said today that it will review a 2019 appeals court ruling in a patent spat between Arthrex and Smith+Nephew (NYSE:SNN), in which the appeals court judges found that Patent Trial and Appeal Board judges are unconstitutionally appointed. The 2019 ruling by the U.S. Federal Circuit Court of Appeals in Washington, D.C. could […]
Smith+Nephew is taking the road less traveled with its ortho surgical robotics
British medtech giant Smith+Nephew chose a different path in the ortho surgical robotics space. One of its top robotics program leaders explains how it could make all the difference. Faster, smaller and more accessible — those are the three descriptors that Sara Schneider uses to describe Smith+Nephew’s Cori robotic knee surgery system, which launched over […]
DTW Podcast: Smith+Nephew’s Ortho president, Rhaeos’ big win and Medtronic’s legacy
In this week’s DeviceTalks Weekly Podcast, our opening and closing keynote interviews focus on executives from companies at very different stages. Manufacturing and sourcing Skip Kiil took the helm of Smith+Nephew’s (NYSE:SNN) global orthopedics business to transform it. The company’s recent acquisition of Integra LifeSciences’ (NSDQ:IART) extremities business will further that mission. In our closing keynote conversation, […]
Avail grabs $100M to build OR telemed network
Avail Medsystems closed on $100 million for a Series B round to fund the company’s plan to provide free telemedicine equipment that can connect surgeons, interventional specialists and medical device sales reps. In an announcement issued this morning, Avail said the round was led by D1 Capital Partners, with participation from 8VC and existing investors. […]
MedTech 100 roundup: Industry rises week-over-week
The medtech industry hasn’t reached the heights of early September but continues to tick back up over time in the stock market. MassDevice’s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — finished last week at 89.73 (Oct. 2), marking a 1.9% gain from the 88.05 points registered at the […]
The top 5 MassDevice stories of the week — October 2, 2020
Major medtech companies are making tuck-in acquisitions and investments as they seek innovations to help them grow out of the COVID-19 pandemic and resulting recession. That was a major takeaway from our top stories on MassDevice over the past week. Want to hear more about the week’s top news? Executive editor Chris Newmarker and Tom […]
Smith+Nephew to buy Integra extremities business for $240M
Smith+Nephew (NYSE:SNN) announced today that it agreed to acquire the extremity orthopedics business from Integra LifeSciences (NSDQ:IART) for $240 million. London-based Smith+Nephew said in a news release that the acquisition will significantly strengthen its extremities business by adding a combination of a focused sales channel and complimentary shoulder replacement and upper and lower extremities portfolios, plus a […]
12 surgical robotics companies you need to know
Surgical robotics remains a hot area in medtech — even as it faces headwinds from the COVID-19 pandemic. Intuitive Surgical (NSDQ:ISRG) pioneered robotic surgery through the early 2000s and remains the dominant player, but major companies including Medtronic (NYSE:MDT) and Johnson & Johnson (NYSE:JNJ) have big plans to enter the space and compete. Meanwhile, Stryker (NYSE:SYK) has built a […]
Smith + Nephew warns on suture-based repair systems
Smith + Nephew (NYSE:SNN) issued an urgent field safety notice to warn of issues with multiple suture-based repair systems. The safety notice said that the company identified a manufacturing issue in the product packaging process that could result in an improper or incomplete seal of the pouch surrounding the sterile product. If that happens, it could […]
