The FDA has selected eight medtech companies to develop devices to help reduce the country’s opioid abuse crisis. More than 250 companies submitted entries to the FDA Innovation Challenge: Devices to Prevent and Treat Opioid Use Disorder, announced in May. Those selected include Masimo Corp. and deep-brain-stimulation company Brainsway Ltd. The companies will be expected to […]
ThermoTek
ThermoTek scores $7.6m win in battle with distributor
ThermoTek last week won a $7.6 million judgment plus interest from a distributor of its VascuTherm body heating and cooling system it accused of stealing trade secrets to develop its own competing product. ThermoTek alleged that Mike Wilford and various entities he controlled used their distribution agreement to purloin the design for the wraps used with […]