Stryker (NYSE:SYK) closed its $2.22-per-share buyout of California safety-sponge maker Patient Safety Technologies in a deal valued at about $120 million.
Surgicount
NxStage Medical taps Funari to replace Chambon as chairman | Personnel Moves
NxStage Medical (NSDQ:NXTM) named Robert Funari to replace Philippe Chambon as non-executive chairman after 15 years on the medical device company’s board of directors.
J&J mesh lawsuit penalty grows to $11.1M | MassDevice.com On Call
MASSDEVICE ON CALL — A jury hiked up penalties against Johnson & Johnson (NYSE:JNJ) and its subsidiary Ethicon to more than $11 million after finding the companies liable in a patient injury lawsuit against the companies’ transvaginal mesh implants.
Medical device makers ink interoperability pledge
Nine medical device companies ranging from industry titans to small-cap movers inked a pledge to make the data generated by their devices available to patients, in a move aimed at ridding the healthcare system of unnecessary deaths by 2020.