ANNOUNCEMENT

These 11 companies will be featured in the MedCity ENGAGE Innovation Showcase June 5-6 in Washington, D.C.

Topic: COV

Covidien withdraws abdominal stapler that had less than $50M in sales in 9 months

Covidien withdraws abdominal stapler that had less than $50M in sales in 9 months

August 23, 2012 2:14 pm by | 0 Comments

Medical device maker Covidien (NYSE:COV) announced Wednesday that an abdominal stapler product was being recalled and discontinued after it received a single report of injury.Covidien said that the Duet TRS ... Read more
Covidien recalls certain electrode kits and grounding pads, the second recall in two months

Covidien recalls certain electrode kits and grounding pads, the second recall in two months

August 20, 2012 10:53 am by | 0 Comments

After hearing of injury reports from patients that included burns, Covidien, (NYSE:COV) is recalling certain electrode kits and grounding pads.The Mansfield, Massachusetts medical device maker said that it is withdrawing ... Read more
FDA hits Covidien with a Class I recall related to defective adult tracheostomy tubes

FDA hits Covidien with a Class I recall related to defective adult tracheostomy tubes

August 15, 2012 12:31 pm by | 0 Comments

The U.S. Food and Drug Administration has classified Covidien’s Aug. 4 voluntary recall of certain Shiley adult tracheostomy tubes as a Class I. Class I recalls are the most serious ... Read more
Covidien executive echoes Medtronic CEO Omar Ishrak in describing fundamental shifts in healthcare

Covidien executive echoes Medtronic CEO Omar Ishrak in describing fundamental shifts in healthcare

August 10, 2012 1:43 pm by | 0 Comments

In talking about the medical device industry’s role in the rapidly shifting healthcare industry, the president of Covidien’s Global Vascular Therapies business sounded a lot like Medtronic CEO Omar Ishrak.“We ... Read more
Covidien opens $45 million R&D facility in China and will employ 300

Covidien opens $45 million R&D facility in China and will employ 300

August 2, 2012 10:28 am by | 0 Comments

Medical device companies are slowly but surely recognizing that the emerging markets have specific needs that won’t be satisfied by recycling older models of pricey products meant for the first ... Read more
FDA issues warning about Covidien brain device that has killed nine

FDA issues warning about Covidien brain device that has killed nine

July 2, 2012 5:49 pm by | 0 Comments

The Food and Drug Administration issued a warning to physicians and patientsMonday about the Onyx Liquid Embolic System where the catheter used to deliver the liquid can get stuck inside ... Read more
Covidien discloses $60M purchase of hypertension treatment firm

Covidien discloses $60M purchase of hypertension treatment firm

May 8, 2012 12:26 pm by | 0 Comments

Covidien announced Tuesday that it will introduce a new renal denervation treatment at a European conference in mid May, but nowhere in the press release does the Massachusetts device firm ... Read more
Covidien executive McBean named president of Cornerstone Therapeutics

Covidien executive McBean named president of Cornerstone Therapeutics

September 7, 2011 1:56 pm by | 0 Comments

Former Covidien (NYSE:COV) executive Kenneth McBean has joined Cornerstone Therapeutics (NASDAQ:CRTX) to become president of the respiratory therapeutics company.The hire comes as Cornerstone puts more emphasis on its branded products ... 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
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
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
Covidien shares get a boost from strong third-quarter report

Covidien shares get a boost from strong third-quarter report

July 26, 2011 4:40 pm by | 0 Comments

Shares of Covidien plc (NYSE:COV) rose more than 4 percent this morning after the company announced a third-quarter profit bump of 47.0 percent and a top-line boost of 14.1 percent.Wall ... Read more
Covidien vascular unit sales double; ev3 acquisition credited

Covidien vascular unit sales double; ev3 acquisition credited

April 21, 2011 4:17 pm by | 0 Comments

The flurry of moves Covidien plc (NYSE:COV) made in 2010 are starting to pay off for the Mansfield, Mass.-based medical products conglomerate.New business from its $2.6 billion ev3 acquisition helped ... Read more
Covidien wins Pipeline FDA approval for brain aneurysms

Covidien wins Pipeline FDA approval for brain aneurysms

March 20, 2011 9:40 am by | 0 Comments

An FDA panel gave the nod to Covidien plc’s (NYSE:COV) Pipeline embolization device, recommending that it be approved to treat large brain aneurysms.Covidien acquired the technology with its $2.6 billion ... Read more
New Covidien CEO named from medical device division

New Covidien CEO named from medical device division

March 16, 2011 11:30 am by | 0 Comments

Covidien plc (NYSE:COV) announced a succession in its corner office, tapping the leader of its medical device unit to become its new president and CEO in July, replacing the retiring ... Read more