Archive for ◊ August, 2012 ◊

• Tuesday, August 28th, 2012

Two Former Senior Executives of ArthroCare Corporation (ARTC) Arrested in $400 Million Securities Fraud Scheme Aug 23, 2012 (M2 PRESSWIRE via COMTEX) — Two former senior executives of Austin, Texas-based ArthroCare Corp., a publicly traded medical device company, were arrested this morning in Morristown, N.J. and Orange County, Calif., for their alleged roles in a scheme to […]

• Saturday, August 25th, 2012

Chattanooga, TN (PRWEB) August 24, 2012 — The U.S. Food and Drug Administration (FDA) has issued two 501(k) clearances allowing Hollywog to market its WiTouch and WiTouch Pro wireless remote controlled devices for backpain. As the first ever wirelessly controlled back pain relief devices, Hollywog looks forward to the comfort these products will bring its […]

• Friday, August 24th, 2012

High on the list of concerns for athletes, whether they are Olympic contestants, NFL football players or weekend warriors are injuries such as ACL and meniscus tears to the knee, rotator cuff injuries and Achilles tendon ruptures. Some recent innovations to improve care for these injuries have relied on scaffolds made from nano-sized fibers, which […]

• Friday, August 24th, 2012

hand-held robotic “smart drill” for use in partial-knee replacements is making its debut at the British Orthopaedic Association in September. Already approved for use in Europe, the Navio PFS system is aiming, next year, at the American market. Blue Belt Technologies, Inc. President and CEO Eric Timko, says the company has already applied for approval […]

• Friday, August 24th, 2012

* Oper profit 85 cents/share, in line with Street view * Heart defibrillator sales outpace industry but still weak * FDA posts warning letter over plant violations * Shares dip 0.2 pct in afternoon By Debra Sherman Aug 21 (Reuters) – Medtronic Inc said sales of its heart defibrillators outpaced the global industry but remained […]

• Friday, August 24th, 2012

SAN DIEGO, Aug. 21, 2012 /PRNewswire/ — Sotera Wireless, Inc. announced today that it has received 510(k) clearance from the United States Food and Drug Administration (FDA) for its full ViSi Mobile  System and is commencing sales to hospitals nationwide. The ViSi Mobile System, as approved, uses WiFi (802.11) wireless technology for transmission of patients’ vital signs, keeping hospital clinicians […]

• Friday, August 24th, 2012

U.S. health regulators announced a recall of CareFusion’s Alaris pump module Model 8100, saying a potential keypad malfunction in the infusion pump could cause serious injury or death. The U.S. Food and Drug Administration said the affected pump modules, used for delivering a variety of fluids, drugs and blood products to patients, were manufactured between […]

• Thursday, August 23rd, 2012

iSirona Solutions iSirona, a provider of simplified solutions for medical device integration, today announced it will receive a $350,000 grant from Florida’s Industry Recruitment, Retention & Expansion Fund (IRREF). The award follows a recent $180,000 Qualified Tax Incentive that iSirona received from the state’s Department of Economic Opportunity (DEO). Both programs are designed to encourage the creation […]

• Thursday, August 23rd, 2012

Medtronic lands CE Mark approval in the European Union for its Viva/Brava line of defibrillators that adapt to patients’ cardiac rhythms. Medtronic (NYSE:MDT) said it won CE Mark approval from the European Union for its Viva/Brava line of cardiac rhythm management devices. The medical device company said the Viva and Brava products, which are cardiac resynchronization […]

• Wednesday, August 22nd, 2012

Johnson & Johnson (JNJ), which faces about 8,000 lawsuits over hip implants it recalled in 2010, agreed to pay about $600,000 to resolve three cases in the first settlements of the litigation, people familiar with the accords said. Officials of J&J’s DePuy unit agreed earlier this month to settle Nevada residents’ suits over the company’s […]