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February 28, 2012

Cardiac Science Initiates Recall of AEDs


Company blames supplier for faulty component.

Pro-Dex Divests Fractional Horsepower Motor Business


Sale is part of continued focus on medical technology markets.

Companies Partner to Develop Point-of-Care Device for Flu Diganosis


DARPA contract calls for flexible, highly adaptable device.

Secretary of Labor Solis and Jill Biden Visit DG Medical


BioOhio workforce development and Sinclair Community College partnership highlighted.

Symmetry Resolves SEC Charges


Former executives charged with accounting fraud.

February 27, 2012

Orchid Acquires Sandvik Medical Solutions


Acquisition expands Orchid's contract manufacturing capabilities.

February 24, 2012

Orthofix Inches Closer to Resolving Legal Matters


Company is prepared to pay $43 million to close investigation into bone-growth lawsuit.

February 22, 2012

Johnson & Johnson Names New CEO


Company promotes medical device and diagnostic unit chief.

Medical Device Accelerator Program Launches in Memphis


Program aims to provide seed funding and FDA savvy for startup firms.

February 21, 2012

Latest Purchase Adds to Greatbatch's Design Stable


Firm specializes in neuroscience market.

ConvaTec Has New Face at the Top


Former CEO will stay on board for a transition period.

Startup Secures Third Funding Round for Cuffless Blood Pressure Measurement


Company is gearing up for FDA clearance next year.

Merit Medical Hit With Warning Letter Over Coating Process


Agency deems modified guidewires 'adulterated.'

Senator Warns of Impact from Price Controls Proposal


Republican encourages 'further dialogue' to explore alternatives.

February 17, 2012

Stryker, Federal Prosecutors Reach Deal in Bone Growth Lawsuit


Company pays $15 million fine, pleads to one misdemeanor charge.

February 16, 2012

FDA Working to Reduce Risk from Reused Medical Devices


Creates new website to inform patients about tools available to minimize infection risk.

February 15, 2012

FDA OKs HeartNavigator System from Philips


GPS-like HeartNavigator creates a three-dimensional image.

February 14, 2012

Israeli Company Working to Resolve Import Ban


Most products from Oridion Systems back on track for U.S. shipment.

Tighter Controls Urged for European Medical Devices


French breast implant uproar highlights need for regulatory overhaul, advocates argue.

February 9, 2012

OnCore and Proven Process Form Medtech Manufacturing Alliance


Partnership leverages each firm's talents to provide a complete solution of medical device customers.

February 8, 2012

Stryker's CEO Steps Down Abruptly


Departure is immediate and CFO takes the reins temporarily.

Synthes Accuses Stryker of Raiding Sales Staff


Three former sales representatives named in lawsuit.

February 6, 2012

Symmetry Closes Deal for Codman Business


Purchase expected to add $60 million in new sales.

Phillips Plastics to Rebrand as Phillips-Medisize Corp.


Name change is the result of last summer's Medisize buyout.

Smith & Nephew Settles U.S. Bribery Allegations


Company paying $22 million to end investigation over suspected bribing of Greek healthcare providers.

February 3, 2012

Merit Medical Buys Ostial Solutions


Ostial founded by family with innovative product development track record.

KCI Announces New Management Structure


Company also pursuing strategic alternatives for its Therapeutic Support Systems business.

February 1, 2012

FDA and Industry Reach Tentative User Fee Deal


Industy has agreed to doubled fees for better review times and other improvements..

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