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May 28, 2008

GE Files Second Lawsuit Against Competitor


SonoSite Inc. calls suit "baseless and without merit."

Medtronic Wins Patent Suit


Boston Scientific Corp. must pay $250 million for infringing patents on catheters

Class Action Suit Accuses Zimmer of Kickbacks


Company accused of using phony consulting agreements with orthopedic surgeons

May 22, 2008

Shares of Hologic Rise After Chairman Leaves; Analyst Lifts Estimates


Some say resignation advances Hologic's integration with Cytyc Corp.

Cyberkinetics Announces Sale of Research Products Business


Terms of the sale include $982,000 in cash to Cyberkinetics by July 1

May 21, 2008

Kinetic Concepts Acquires Controlling Stake in LifeCell Corp.


Deal clears way for LifeCell to become a wholly owned subsidiary of KCI

May 20, 2008

Investors Sue CryoCor to Stop Merger With Boston Scientific


Complaint requests court order blocking merger agreement

May 19, 2008

Global Task Force Issues Guidance on Standards in Device Evaluation


Device manufacturers given ways to prove their product conforms to safety principles

Datascope Sells Patient Monitoring Business to Mindray


Transaction Worth $240 Million

Biophan Acquires Intellectual Property Portfolio of Nanoset, LLC


The acquisition includes over 15 issued patents

May 15, 2008

FDA Chief Asks Congress for $275M for Product Safety



Covidien Buys Two Pinyons Product Lines



May 13, 2008

Spectranetics Acquires Endovascular Business of Kensey Nash


Deal expected to close by second half of the year

Bristol-Myers Squibb Sells ConvaTec Unit for $4.1 Billion


ConvaTec business unit sold to Nordic Capital Fund

May 12, 2008

NuVasive to Buy Osiris Unit for at Least $35 Million


Deal gives NuVasive developing stem cell technology

Boston Scientific Claims Win in Johnson & Johnson Dispute


Canadian court dismisses patent infringement suit

FDA Examines Warning Letter Appeal Process for Medical Device Makers


Agency reviewing procedures for the appeal and dispute process

May 8, 2008

Medtronic Initiates Voluntary Field Actions for Selected Heparin-Coated Products Used During Cardiopulmonary Bypass


Affected devices are disposable products used during cardiopulmonary bypass (CPB) for heart surgeries

May 7, 2008

ArthroCare Buys Denmark Medical Device Distributor


Acquisition is expected to help ArthroCare boost long term revenue growth potential

Roche to Transfer 300 Jobs From Indiana to Germany


Move is designed to consolidate part of company's operations

May 6, 2008

Medtronic to Cut 1,100 Jobs From Global Work Force


Cuts are part of company's global restructuring

May 5, 2008

Stryker Gets Third Warning Letter From FDA Regarding Problems With Biotech Division



May 2, 2008

Court Denies Request for Preliminary Injunction Against Contura Sales


Trial ordered in patent infringement suit

What's Abbott Xience Stent Worth? Rise to $70 a Share


FDA approval of device could lead to higher profits

S&N Launches Investigation Into Swiss Deal


Company discovers Plus Orthopedics giving kickbacks to purchasers

May 1, 2008

Stryker’s Quality Control Effort to Cost Millions


Hip implant franchise took a $15 million to $20 million hit last quarter

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