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MassDevice Staff

MassDevice Staff

The Massachusetts Medical Devices Journal is the online journal of the medical devices industry in the Commonwealth and New England, providing day-to-day coverage of the devices that save lives, the people behind them, and the burgeoning trends and developments within the industry.

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GE Healthcare forms two new partnerships, expands market reach

GE Healthcare forms two new partnerships, expands market reach

August 12, 2011 5:07 pm by | 0 Comments

GE Healthcare signed two new deals that will expand its footprint in the radiotherapy and diagnostics market in China and offer mass spectrometry support in North America.GE signed a memorandum ... Read more
Sen. Scott Brown talks medical device tax repeal at Covidien

Sen. Scott Brown talks medical device tax repeal at Covidien

August 12, 2011 4:28 pm by | 0 Comments

Massachusetts Senator and GOP presidential hopeful Scott Brown told Covidien plc (NYSE:COV) employees that the impending medical device tax was “a wet blanket over the industry” when he toured the ... Read more
Unnecessary stents cost Maryland hospital $1.8M in legal settlement

Unnecessary stents cost Maryland hospital $1.8M in legal settlement

August 12, 2011 3:01 pm by | 0 Comments

A Maryland hospital paid $1.8 million to settle allegations that senior leadership failed to properly address complaints of unnecessary stenting lodged against former cardiologist Dr. John McLean.McLean was convicted of ... Read more
Covidien announces $2 billion stock repurchase program

Covidien announces $2 billion stock repurchase program

August 11, 2011 5:13 pm by | 0 Comments

Covidien Plc.’s (NYSE:COV) board of directors approved a $2 billion stock repurchase program today.“The board’s approval of this share repurchase program reflects its confidence in the continued growth of Covidien’s ... Read more
Insulin pump hacking not a threat, Medtronic says

Insulin pump hacking not a threat, Medtronic says

August 10, 2011 4:49 pm by | 0 Comments

Medtronic Inc. (NYSE:MDT) isn’t in an uproar over recent reports of a hacked insulin pump that could discretely deliver dangerous doses of insulin to a wearer.“To our knowledge, there has ... Read more
Boston Scientific to spend $37 million on Irish R&D facility

Boston Scientific to spend $37 million on Irish R&D facility

August 9, 2011 4:44 pm by | 0 Comments

Boston Scientific Corp. (NYSE:BSX) plans to spend $37 million on overseas research and development, this time at its R&D facility in Clonmel, Ireland.The Natick, Mass.-based company hopes to jump-start development ... Read more
Abbott, Boston Scientific claim 64 percent of U.S. drug-eluting stent market

Abbott, Boston Scientific claim 64 percent of U.S. drug-eluting stent market

August 9, 2011 4:30 pm by | 0 Comments

Abbott Laboratories (NYSE:ABT) and Boston Scientific Corp. (NYSE:BSX) came out as the big players in the U.S. drug-eluting stent market, together staking claim to more than half of all DES ... Read more
Smith & Nephew realignment plan targets growth in emerging markets

Smith & Nephew realignment plan targets growth in emerging markets

August 5, 2011 5:42 pm by | 0 Comments

British orthopedic giant Smith & Nephew plc (NYSE:SNN) announced an ambitious plan to realign the entire company to focus growth on the emerging markets of Brazil, Russia, India and China, ... Read more
St. Jude, Illumina buying back shares

St. Jude, Illumina buying back shares

August 5, 2011 4:59 pm by | 0 Comments

St. Jude Medical Inc. (NYSE:STJ) and Illumina Inc. (NSDQ:ILMN) both announced share repurchase programs this week after reporting second quarter earnings.St. Paul, Minn.-based St. Jude’s board of directors authorized up ... Read more
Medtronic taking part in GI Dynamics private placement

Medtronic taking part in GI Dynamics private placement

August 5, 2011 4:39 pm by | 0 Comments

Medtronic Inc. (NYSE:MDT) is deepening its commitment to GI Dynamics Inc. by participating in a private placement concurrent with the Lexington, Mass.-based company’s initial public offering in Australia next week.The ... Read more
Medical device maker Covidien expects to add more jobs overseas

Medical device maker Covidien expects to add more jobs overseas

August 4, 2011 5:43 pm by | 0 Comments

Covidien Plc. (NYSE:COV) will likely beef up its overseas workforce, CEO Joe Almeida told attendees at a Boston meeting of medical device executives today.“Slightly less than half of our revenues ... Read more
FDA’s 510(k) program should not be scrapped, say Minnesota politicians

FDA’s 510(k) program should not be scrapped, say Minnesota politicians

August 4, 2011 9:52 am by | 0 Comments

Lawmakers from the North Star State are falling in line to oppose one of the key findings of the Institute of Medicine’s recent report on the FDA’s 510(k) premarket notification.Sens ... Read more
Medical device industry user fee talks moving too slowly, says FDA

Medical device industry user fee talks moving too slowly, says FDA

August 3, 2011 5:52 pm by | 0 Comments

FDA officials are expressing concern over the slow pace of user fee negotiations with the medical device industry, saying that the parties need to come together to hammer out the ... Read more
Premarket review standards updated by FDA

Premarket review standards updated by FDA

August 3, 2011 5:14 pm by | 0 Comments

The FDA released a notice yesterday announcing updated, withdrawn and modified standards that the agency will use in reviewing premarket applications for a variety of medical devices.The standards can be ... Read more
Elliott still reshaping Boston Scientific despite upcoming retirement

Elliott still reshaping Boston Scientific despite upcoming retirement

August 1, 2011 5:36 pm by | 0 Comments

The shakeup at Boston Scientific (NYSE:BSX) last week proved that while the sheriff may be headed for the sunset, he’s not ready to hang up his spurs just yet.With little ... Read more