Tag-Archive for ◊ medical device sales ◊

• 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, […]

• Thursday, August 22nd, 2013

Researchers at the Institute of Bioengineering and Nanotechnology (IBN) have developed a simple method of organizing cells and their microenvironments in hydrogel fibers. Their unique technology provides a feasible template for assembling complex structures, such as liver and fat tissues, as described in their recent publication in Nature Communications. According to IBN Executive Director Professor Jackie […]

• Wednesday, August 21st, 2013

The United States Solicitor General files an amicus brief effectively siding with Medtronic, arguing that Boston Scientific bears the burden of proof in a long-running patent infringement beef that’s headed for the Supreme Court. Medical device giant Medtronic (NYSE:MDT) may have a little muscle on its side after the U.S. Solicitor General effectively backed the […]

• Wednesday, August 21st, 2013

In a recent news article, Qmed explored how CareFusion was responding to an increasingly-challenging market through restructuring efforts. The story mentioned an anonymous employee who claimed on GlassDoor that the company had discontinued its 401(k) plan. “This is completely false,” said Troy Kirkpatrick, director, public relations in an email. “We offer a 401(k) plan and the company continues to […]

• Wednesday, August 21st, 2013

A Canadian pharmaceutical company acquiring Bausch + Lomb will move the contact lens maker’s corporate headquarters to central New Jersey from Rochester, N.Y., a rare piece of good news for a state that has suffered a string of corporate losses over the last few years. What’s unclear from Monday’s announcement by Valeant, the Canadian drugmaker, […]

• Wednesday, August 21st, 2013

The US Food and Drug Administration (FDA) has approved a pioneering rapid HIV test that can simultaneously detect HIV-1 p24 antigen as well as antibodies to both HIV Type 1 and Type 2. As well as providing faster diagnosis of HIV infection, the new test is also relatively simple to administer in remote ‘outreach’ settings. These two […]

• Tuesday, August 20th, 2013

Sources inform ”Globes” that MinInvasive Orthopedic Solutions Ltd. has raised several million dollars in a financing round led by Access Medical Ventures. Private investors, including big names in the life sciences, also participated in the round, but their names were not disclosed. MinInvasive is developing a minimally invasive device for rotator cuff repair in the shoulder. […]

• Monday, August 19th, 2013

(Reuters) – Energizer Holdings Inc (ENR.N) said on Wednesday that two U.S. retailers planned to stop selling its batteries, adding pressure to its sagging sales. Shares of Energizer fell, even as the company maintained its full-year profit forecast due to cost savings. The company also said it planned to buy Johnson & Johnson’s (JNJ.N) feminine […]

• Monday, August 19th, 2013

The UK-based pharmaceutical giant GlaxoSmithKline (GSK) has issued a statement that some of its executive employees have acted “outside of Chinese law.” The company gave the announcement after a meeting with Chinese police officers who were investigating accusations of corruption. China’s Ministry of Public Security has been looking into claims that four executives working for […]

• Monday, August 19th, 2013

ConforMIS closes a $168 million funding round for its personalized implant technology. ConforMIS closed a Series E round worth $167.7 million, raised from a consortium of 88 unnamed investors, according to regulatory filings. The Bedford, Mass.-based medical device company makes personalized knee implants based on scans detailing patients’ physiology, creating customized instruments and implants that […]