Archive for the Category ◊ Uncategorized ◊

• Wednesday, January 29th, 2014

Negative Pressure Wound Therapy helps reduce infections and other surgical complications, according to a clinical review published by a Smith & Nephew-funded expert panel. Smith & Nephew (FTSE:SN, NYSE:SNN) touted the outcomes of a clinical study review, reporting that Negative Pressure Wound Therapy proved effective in reducing complications when applied to surgical wounds for a few […]

• Saturday, November 30th, 2013

Scion Biomedical sues board member and interim chief strategy and operating officer Allison London Brown, accusing her and the medical device startup she founded, Aegis Women’s Health Technology, of poaching trade secrets for its chitosan-based hemostasis products. Scion Biomedical sued board member and interim chief strategy and operating officer Allison London Brown, accusing her of […]

• Friday, November 22nd, 2013

Golden Meditech, a China medical device company headquartered in Beijing, plans to raise about $32 million by offering existing shareholders a new share in the company for every two shares they already own. The price is a very low HK$0.50 each. At the time of the announcement, Golden Meditech was selling for HK$0.92, though the […]

• Monday, November 18th, 2013

Poly Implant Prothese, the company implicated in the high-profile scandal over sub-par breast implants, must pay damages to the patients affected by the recall. MASSDEVICE ON CALL — A French court this week ruled in favor of a slate of patients that a medical device inspection services provider must repay patients affected by a high-profile […]

• Thursday, November 14th, 2013

ConMed responds to a challenge from activist investor group Voce Capital Management, citing “the strong operating performance delivered by ConMed over the past several years.” ConMed (NSDQ:CNMD) today responded to a long and critical letter from Voce Capital Management issued last week that demanded steps toward a strategic exit and the end “a culture of nepotism, […]

• Monday, November 11th, 2013

The Supreme Court heard oral arguments in Medtronic (MDT) vs. Boston Scientific (BSX) in a patent litigation lawsuit Tuesday. Chances are the Minnesota-based medical device company will win this one. Luckily for Boston Scientific, logic doesn’t always play into legal interpretation. In 1991, Boston Scientific made a licensing agreement with Medtronic for its CRT medical device technology and its […]

• Sunday, November 10th, 2013

ReShape Medical Successfully Meets Endpoints in Weight Loss Device Pivotal Trial SAN CLEMENTE, Calif.–(BUSINESS WIRE)– ReShape Medical, Inc. today announced that its REDUCE Trial for the ReShape Duo Intragastric Balloon, a non-surgical treatment for weight loss, has met its primary efficacy endpoints. ReShape Medical, Inc. is the first medical device company to successfully meet its […]

• Tuesday, October 22nd, 2013

Harvard Bioscience won’t go IPO with its regenerative organ transplant device subsidiary, Harvard Apparatus Regenerative Technology Inc. (HART). Instead it will spin off HART as a newly public company, effective Nov. 1. According to Harvard Bioscience president David Green, the spin-off will enable Holliston, Mass.-based Harvard Bioscience to renew a growth-by-acquisition strategy it has pursued over […]

• Monday, October 21st, 2013

MiMedx to meet with FDA on October 28t MARIETTA, Ga., Oct. 17, 2013 /PRNewswire/ — MiMedx Group, Inc. (NASDAQ: MDXG), an integrated developer, manufacturer and marketer of patent protected regenerative biomaterials and bioimplants processed from human amniotic membrane, announced today that the Food and Drug Administration (“FDA”) has rescheduled its meeting with the Company to take place on October 28, […]

• Thursday, September 26th, 2013

A patient sues medical device maker Teleflex after a piece of a dilator was left in his neck following throat surgery. MASSDEVICE ON CALL — A patient injured during throat surgery accused medical device maker Teleflex (NYSE:TFX) of liability in a personal injury suit after a piece of one of the company’s surgical devices broke off and […]