5/27/2010 BOTHELL, Wash.–(BUSINESS WIRE)–SonoSite, Inc., the world leader and specialist in bedside and point-of-care ultrasound, today announced that it has signed an agreement to acquire privately held Visualsonics, a Toronto-based company focused on ultra high-frequency micro-ultrasound technology. The aggregate transaction value will be approximately $71 million net of cash and debt. Visualsonics is the technology [...]

Seabrook International Holdings recently leased 15,930 square feet at 35 Woodworker’s Way. Seabrook International is a contract manufacturer of precision surgical instruments, implants and other devices used primarily in the orthopaedic implant industry. Headquartered in Seabrook, the company has over 60,000 square feet of manufacturing space operating seven days per week. The firm selected this [...]

LONDON (MarketWatch) — Medical device maker Smith & Nephew (UK:SN. 652.50, +11.00, +1.71%) (SNN 48.41, +1.36, +2.89%)  said Thursday that its first-quarter net profit rose to $159 million, from $98 million a year ago. Sales increased to $995 million, from $865 million last year. “We reaffirm our overall outlook guidance for 2010. The current environment [...]

John Commins, for HealthLeaders Media, April 6, 2010 Boston Scientific Corp. subsidiary Guidant LLC pleaded guilty on Monday to criminal misdemeanor charges for its failure to notify the government about short-circuiting problems in three of its implantable cardioverter defibrillators. The medical device maker will pay nearly $300 million in penalties, the Department of Justice announced. [...]

4/8/2010 WILMINGTON, Mass., April 7 /PRNewswire/ — NeuroTherm announced today that they have acquired the Smith & Nephew PLC (NYSE: SNN; LSE: SN) Interventional Spine Pain Management assets from Smith & Nephew’s subsidiaries. The acquired product line includes several innovative interventional spine pain products including the CDS Discography System, SPINECATH™ & ACUTHERM™ Catheters and a [...]

Medtronic Inc. joins medical device industry peers Boston Scientific, Johnson & Johnson and Abbott in being accused in a whistleblower lawsuit accusing it of deliberately promoting the off-label use of biliary stents to treat cardiovascular conditions. Medtronic Inc. (NYSE:MDT) might have breathed a sigh of relief last month when three of its biggest competitors in [...]

February 19, 2010 Abbott Park, Illinois (S&P 500 Dividend Aristocrats Index, which tracks companies that have annually increased their dividend for 25 consecutive years. About Abbott Abbott (

Feb. 11th, 2010 Shares of Boston Scientific Corp. skidded in premarket trading today, a day after the medical device maker reported a $1.1 billion loss for the fourth quarter and announced a large cost-cutting effort. Boston Scientific, based in Natick, said late yesterday it plans to eliminate between 1,000 and 1,300 jobs with the goal of [...]

Feb 11th, 2010 Genzyme Corp., the Cambridge biotechnology company, said today that a potential Gaucher disease drug continued to show positive results after two years in a midstage study. The company presented positive one-year study data on the drug in 2009, and it is now in late-stage, or Phase 3, development. In the updated results, [...]

NEW YORK February 11, 2010 Heart device maker Medtronic Inc. said Thursday a German court ruled that one of its CoreValve devices does not infringe on patents held by Edwards Lifesciences Inc. Medtronic said it can continue selling the CoreValve transcatheter aortic valve system due to the decision, which upheld a ruling by a lower [...]