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MAQUET Cardiovascular Acquires LAAx Inc. And Its TigerPaw System II Occlusion Device To Expand Cardiac Surgery Offering WAYNE, N.J., May 21, 2013 /PRNewswire/ — MAQUET Cardiovascular LLC, a leading provider of cardiovascular technologies, today announced that it has acquired LAAx Inc., a privately held company that has developed a unique mechanical occlusion device called the TigerPaw System II [...]

Agea Medical is $2 million shy of its $8 million funding round goal. Officials at Agea Medical said it is closing in on an $8 million funding round. The Redwood City, Calif.-based medical device company has raised $6 million for its coffers and is close to its goal. Agea markets a system that uses vapor [...]

A federal judge overseeing a raft of cases filed against Johnson & Johnson’s DePuy Orthopaedics subsidiary over its Pinnacle hip implants orders the medical device company to provide compliance monitoring reports to the plaintiffs’ lawyers. Johnson & Johnson (NYSE:JNJ) subsidiary DePuy Orthopaedics must produce compliance reports on its metal-on-metal Pinnacle hip implant, ruled the federal [...]

Virtual Reality And Robotics In Neurosurgery — Promise And Challenges   Robotic technologies have the potential to help neurosurgeons perform precise, technically demanding operations, together with virtual reality environments to help them navigate through the brain, according to a special supplement to Neurosurgery, official journal of the Congress of Neurological Surgeons. The journal is published [...]

St. Jude Medical Inc. has told federal regulators that it will improve quality-control measures in making its Durata defibrillator leads, acknowledging criticism that has dogged the med-tech device maker for months. The Wall Street Journal reports that Little Canada-based St Jude, in a letter to the Food and Drug Administration, said it would increase training make other improvements at [...]

Volcano Corp. (VOLC)’s test that shows which patients need heart stents could lead to a $2 billion market within a decade as more doctors use it to improve care, Chief Executive Officer Scott Huennekens said. Volcano, based in San Diego, and St. Jude Medical Inc. (STJ), based in St. Paul, Minnesota, are the only two companies that sell [...]

Sunrise, FL – Today, Governor Rick Scott was joined by CEO of Bolton Medical Solutions Oscar Rospigliosi, Sunrise Mayor Michael Ryan, and Greater Fort Lauderdale Alliance CEO Bob Swindell to announce the creation and retention of over 100 jobs by Bolton Medical Solutions. Prior to the announcement, the Governor toured the Bolton medical facility that [...]

12/3/2012 7:38:37 AM SAN DIEGO, Dec. 3, 2012 /PRNewswire/ — Volcano Corporation (Nasdaq: VOLC), a leading developer and manufacturer of precision guided therapy tools designed to enhance the diagnosis and treatment of coronary and peripheral vascular disease, said today it has signed an agreement to acquire Crux Biomedical, a privately-held company that has developed a highly differentiated [...]

Stephen Ubl, the president and CEO of the world’s largest medical technology association, AdvaMed, told investors at a Wells Fargo luncheon on November 26 that he is hopeful that Congress will, in a bipartisan manner, delay implementation of the device tax as a “bridge to repeal.” His comments were reported by a Wells Fargo investor [...]

12/3/2012 7:35:39 AM SAN FRANCISCO–(BUSINESS WIRE)– AliveCor, Inc. announced today at the start of the 4th annual mHealth Summit in Washington, D.C. that the company received FDA 510(k) clearance on its mobile Heart Monitor as well as CE Mark conformity. This clinical-quality, low-cost mobile ECG heart monitor, compatible with the iPhone® 4 and 4S, enables [...]