Stryker (NYSE:SYK) today put the rumors that it was interested in a takeover of Boston Scientific (NYSE:BSX) to rest and has seen shares rise in response. Rumors emerged of a possible takeover bid from the Kalamazoo, Mich.-based company emerged on Monday in a Wall Street Journal report, after which both companies officially responded with statements of “no […]
Analysts: Stryker, Boston Scientific tie-up could create “higher growth Medtronic”
Analysts are eagerly digging into the news that Stryker (NYSE:SYK) put in a takeover bid with Boston Scientific (NYSE:BSX), though many were surprised by the news and are unsure of the obvious strategic value of the acquisition. News of the deal, which both companies have officially responded to with statemens of “no comment,” emerged yesterday at the […]
Report: Stryker puts in takeover bid for Boston Scientific
Stryker (NYSE:SYK) has put in a bid as it looks to acquire rival Boston Scientific (NYSE:BSX), according to a new report from the Wall Street Journal. Boston Scientific has not actively responded to the approach, according to the report, which came from sources “familiar with the matter,” according to the WSJ. “As a matter of company policy, […]
Move carefully to the exit, veteran medtech sellers warn
Beyond their altruistic and sales goals, medical device startups generally keep an eye out for the exit. Getting there requires planning, patience and persistence, according to a couple of medtech executives who’ve been through it. Martha Shadan headed Plymouth, Minn.–based Rotation Medical, a private company sold to Smith & Nephew in December 2017, just three […]
Stryker faces revived Brazilian insurers’ bribery lawsuit
Stryker (NYSE:SYK) is facing a revived lawsuit from an association of Brazilian health insurers claiming that the company paid bribes and kickbacks to doctors to promote use of its products, according to court documents. The suit was reinstated after the 6th US Circuit Court of Appeals in Cincinnati reversed a 2017 lower court ruled that […]
Stryker, J&J and Abbott ranked as top companies to work at in the U.S.
Stryker, Johnson & Johnson and Abbott have been named as some of LinkedIn’s top companies to work at in 2018. This marks the third year of “LinkedIn’s Top Companies 2018: Where the U.S. wants to work now,” which names the companies that professionals most want to work at based on a set of data points collected […]
Stryker’s Howmedica owes $13m in fees in Zimmer Biomet patent spat
Stryker‘s (NYSE:SYK) Homedica is on the hook for approximately $13.3 million in attorney’s fees and $513,258 in costs due to Zimmer Biomet (NYSE:ZBH) as a result of a patent dispute, according to recently unsealed court documents. The award is the result of a long-running patent spat over polymers between the two companies that ended in four […]
Aegea Medical picks up former Cardiokinetix, Concentric Medical CEO Sainz | Personnel Moves – May 14, 2018
Aegea Medical said last week it tapped former Cardiokinetix prez & CEO Maria Sainz as its new president and chief executive officer, effective immediately. Sainz will replace former CEO Don Gurskis, who has held the corner office since 2013. Gurskis will remain on as member of the Redwood City, Calif.-based company’s executive management team. “Maria is […]
Stryker wins expanded CE Mark for Trevo stent retriever
Stryker (NYSE:SYK) said today that it won an expanded CE Mark indication in the European Union for its Trevo thrombectomy device as a front-line treatment for acute ischemic stroke patients for up to 24 hours from symptom onset. The expanded indication lifts the previously cleared treatment window by 18 hours, according to the Kalamazoo, Mich.-based company, and […]
Stryker acquires single-use device reprocessor Hygia Health Services
Stryker (NYSE:SYK) said today it acquired single-use-device reprocessor Hygia Health Services for an undisclosed amount. Birmingham, Ala.-based Hygia has partnered with Kalamazoo, Mich.-based Stryker since 2015 to reprocess single-use devices, and Stryker said the acquisition will “further solidify the partnership.” Stryker said that Hygia’s product portfolio of air transfer mattresses, fall alarms, ECG leads, cerebral-somatic sensors […]
Judge limits damages to last 4 years in DePuy patent spat
A US District Judge last week capped damages in an orthopedic device patent infringement case against Johnson & Johnson (NYSE:JNJ) subsidiary DePuy Synthes, limiting damages to the last four years. In the case, plaintiff Acantha accused DePuy of infringing on a patent with its Vector and Zero-P VA product lines. The patent was issued originally in 2001, […]
- 1
- 2
- 3
- …
- 57
- Next Page »
MassDevice Network
@MassDevice
LinkedIn
Google+