Archive for ◊ July, 2011 ◊

Author:
• Wednesday, July 13th, 2011

Not every electrical device can keep going and going. Take Medtronic’s SynchroMed II Implantable Drug Infusion Pump, for example. The batteries that power the implanted drug delivery device have been reported to fail, Medtronic announced Friday, though such occurrences are rare. The company said it first warned physicians of the battery problem in 2009. By the […]

Author:
• Wednesday, July 13th, 2011

Medtronic Xomed Inc. is seeking $2.5 million in financial incentives from Jacksonville and the state for an expansion of the company’s Southside operation that would create 175 jobs. Medtronic currently employs 600 people in Jacksonville and would spend $14.1 million to build and equip additional space at its Jacksonville location for the expansion, according to […]

Author:
• Wednesday, July 13th, 2011

With a new application developed by a U-M neurologist, better understanding of the anatomy of the peripheral nervous system can be found right on your iPhone. Nerve Whiz is a free application for medical professionals interested in learning the complex anatomy of nerve roots, plexuses, and peripheral nerves. It can work on Apple personal devices […]

Author:
• Wednesday, July 13th, 2011

former senior marketing manager for Kyphon, Inc., pled guilty in federal court on July 7 to ripping off Medtronic Inc. for at least $2.1 million. Jennifer Rutherford was responsible for selecting vendors to supply marketing merchandise that company reps could distribute at trade shows and industry conferences. The merchandise included such items as key chains, […]

Author:
• Wednesday, July 13th, 2011

Medtronic, Inc. announced on July 7 that it was acquiring Salient Surgical Technologies Inc., of Portsmouth, New Hampshire, and Peak Surgical Inc. of Palo Alto, California. The two companies, in which Medtronic already holds an ownership stake, will join the company’s surgical technologies business. Net of Medtronic’s existing ownership, the deals are worth $480 million […]