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Published on May 13, 2008Spectranetics Acquires Endovascular Business of Kensey NashDeal expected to close by second half of the year Bristol-Myers Squibb Sells Unit for $4.1 billionConvaTec business unit sold to Nordic Capital Fund Published on May 12, 2008NuVasive Buying Osiris Unit for At Least $35 MillionDeal gives NuVasive developing stem cell technology Boston Scientific Claims Win in Johnson & Johnson DisputeCanadian court dismisses patent infringement suit FDA Examines Warning Letter Appeal Process for Medical Device MakersAgency reviewing procedures for the appeal and dispute process Published on May 8, 2008Medtronic Initiates Voluntary Field Actions for Selected Heparin-Coated Products Used During Cardiopulmonary BypassAffected devices are disposable products used during cardiopulmonary bypass (CPB) for heart surgeries Published on May 7, 2008ArthroCare Buys Denmark Medical Device DistributorAcquisition is expected to help ArthroCare boost long term revenue growth potential Roche to Transfer 300 Jobs From Indiana to GermanyMove is designed to consolidate part of company's operations Published on May 6, 2008Medtronic to Cut 1,100 Jobs From Global Work ForceCuts are part of company's global restructuring Published on May 5, 2008Stryker Gets Third Warning Letter From FDA Regarding Problems With Biotech DivisionPublished on May 2, 2008Court Denies Request for Preliminary Injunction Against Contura SalesTrial ordered in patent infringement suit What's Abbott Xience Stent Worth? Rise to $70 a ShareFDA approval of device could lead to higher profits S&N Launches Investigation Into Swiss DealCompany discovers Plus Orthopedics giving kickbacks to purchasers Published on May 1, 2008Stryker’s Quality Control Effort to Cost MillionsHip implant franchise took a $15 million to $20 million hit last quarter Published on April 30, 2008Philips Gets Second GMP Warning in Two MonthsViolations are related to company's computed tomography and nuclear imaging systems |
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