TOKYO (Reuters) – Terumo Corp (Tokyo:4543.T - News) said it would buy U.S. medical device company CaridianBCT from a Swedish firm for about $2.6 billion, marking the largest acquisition by a Japanese medical equipment maker. The deal underscores an aggressive push by Japanese firms to take advantage of a strong yen to snap up overseas assets [...]

In a possible sign of things to come for device makers, Medtronic has cancelled five contracts with Novation LLC, one of the largest contracting companies in the nation. The contracts cover orthopedic and cardiovascular products. “With an eye on removing costs from the health care system, Medtronic believes that we will be best able to [...]

Boston Scientific Corp. (NYSE:BSX) reportedly plans to cut more jobs in its cardiology, rhythm and vascular unit, its biggest business, according to Thomson Reuters News, citing a source close to the medical device maker. If true, the Natick, Mass.-based firm would be the second cardiac company in a week to announce layoffs. Medtronic Inc. (NYSE:MDT) [...]

SOURCE Boston Scientific CorporationNATICK, Mass., March 3, 2011 /PRNewswire/ — Boston Scientific Corporation (NYSE: BSX) today announced the completion of its acquisition of Atritech, Inc. of Plymouth, Minnesota. The completion of the transaction follows the signing of a definitive merger agreement announced on January 19, 2011. Atritech’s WATCHMAN Left Atrial Appendage Closure Technology gives Boston Scientific an innovative product [...]

IRVINE, CA–(Marketwire – February 24, 2011) – Edwards Lifesciences Corporation (NYSE: EW), the global leader in the science of heart valves and hemodynamic monitoring, has received CE Mark for the 29 millimeter version of its Edwards SAPIEN XT transcatheter aortic heart valve. The valve will be available with the Ascendra transapical delivery system for implantation through [...]

SAN DIEGO, Jan. 31, 2011 /PRNewswire/ — Volcano Corporation (Nasdaq:VOLC – News) said today that the Superior Court of Massachusetts has issued a decision that ruled in favor of Volcano and its wholly-owned subsidiary Axsun Technologies, Inc., and against LightLab Imaging, Inc., on all of LightLab’s remaining claims for trade secret misappropriation. The 11-page decision [...]

ALBANY, N.Y.–(BUSINESS WIRE)– AngioDynamics (NASDAQ:ANGO – News) today announced the receipt of a warning letter from the U.S. Food and Drug Administration (FDA) regarding certain aspects of the Company’s marketing program for its NanoKnife System. The NanoKnife System continues to be commercially available in the United States under its 510(k) clearance for the surgical ablation [...]

SUNRISE, Fla., Jan. 24, 2011 (GLOBE NEWSWIRE) — Bioheart, Inc. (OTCBB:BHRT – News) announced today that it has entered into an agreement with AnC Bio Holdings, Inc., a South Korean biomedical company, and one of its U.S. agents for a $4 million equity investment. Bioheart has designated proceeds from the investment to advance the current [...]

ST. PAUL, Minn.–(BUSINESS WIRE)– St. Jude Medical, Inc. (NYSE:STJ – News), a global medical device company, today announced the launch of its ViewMate™ Z Intracardiac Ultrasound System and ViewFlex™ Plus Intracardiac Echocardiography (ICE) Catheter. The ViewMate Z System is designed for real-time image guidance and visualization of the cardiac anatomy. The system is able to [...]

Edwards Lifesciences Corp. CEO says his company may be reaching into its deep pockets for acquisitions. Edwards Lifesciences Corp. (NYSE:EW) CEO Michael Mussallem said his company is on the lookout for acquisitions. Mussallem said his company, the largest manufacturer of heart valves, could reach into its deep coffers to purchase smaller heart-device makers this year. [...]