CooperSurgical is set to acquire Cook Medical's Reproductive Health Division to expand its offerings of ob-gyn and fertility medical devices. The deal includes $675M upfront and the remaining $200M paid out in four annual installments.
Today is World Kidney Day, and Bloomington, Indiana-based medical device company Cook Medical is bringing awareness to chronic kidney disease (CKD) with a new campaign.
Munck Wilson Mandala Partner Greg Howison shared his perspective on some of the legal ramifications around AI, IP, connected devices and the data they generate, in response to emailed questions.
It’s hard to believe I’ve been in the medical device industry since 1998. I have learned so much and time has flown by. But I can still vividly remember the first real medical device project I was given as a new product development engineer. This first real project was the Enk Oxygen Flow Modulator. Prior […]
“MedCity News has partnered with BioCrossroads to provide coverage focused on Indiana’s next generation of growth and innovation in life sciences” Cook Medical announced the launch of its EchoTip ProCore Endobronchial Needle, an endoscopic device that will help physicians and pathologists diagnose lung cancer earlier. It’s the first endobronchial ultrasound needle in the U.S. that […]
Two Indiana heavyweights announced a partnership that means more funds for life science startups in the Hoosier state. Cook Medical and the Purdue Research Foundation will pair up again to create the Foundry Investment Fund, a $12-million not-for-profit “evergreen investment fund to support Purdue-based life sciences companies,” according to a press release. This isn’t the […]
Armed with a map and stats from John Eckberg, Cook Medical media relations director, the Washington Post’s Wonk Blog editor Ezra Klein makes a convincing argument for why the medical device excise tax repeal effort is so “compelling.” Here are Klein’s reasons why the medical device excise tax is “weak”: The lobbyists helped [with the […]
At the Abarca Forward conference earlier this year, George Van Antwerp, managing director at Deloitte, discussed how social determinants of health and a personalized member experience can improve medication adherence and health outcomes.
Sen. Dan Coats (R-Ind.) has taken to the newspapers, but instead of crying “Extra! Extra!” sounds the call of “Too much is enough.” Unsurprisingly, Coats, who opposes Obamacare (he’s the guy who introduced a bill to defund the program if it doesn’t meet its deadline), has been a large proponent for the repeal of the […]
Roche and Eli Lilly are among major life science players in Indiana putting resources behind a public-private research institute that would discover and develop new health innovations. Industry leaders from the drugmakers, along with Biomet, Cook Medical, Dow AgroSciences and Indiana University Health have defined a set of common scientific interests that will be the […]
Cook Medical has received FDA approval for the first drug-eluting stent to treat peripheral artery disease in the U.S. The Zilver PTX Drug-Eluting Peripheral Stent is a self-expanding metal stent coated with the drug paclitaxel to help prevent recurring narrowing of the artery. Drug-eluting stents are currently approved for use in coronary arteries in heart […]
It may have shelved its manufacturing expansion plans earlier this summer, but Cook Medical Inc. is expanding in other ways, launching a new strategic business unit to develop innovative medical devices for minimally invasive head and neck surgeries. The Otolaryngology, Head and Neck Surgery Division, being announced today at the annual American Academy of Otolaryngology […]
We will highlight Build My Health's revenue practice management tools, which could help physician practices add up to $250,000 to their practices.
The Patient Protection and Affordable Care Act (ACA) includes a new 2.3% tax on the U.S. sale of medical devices beginning in 2013. The tax was included to raise $20 billion in revenue to partially offset the cost of the new, $1 trillion health program. The 2.3 percent tax is imposed on revenue, not profits, […]
What do Purdue University, Indiana University and the University of Notre Dame have in common — besides that they’re Indiana teams playing the 2012 NCAA tournament? They’re all great schools for medical innovation and have produced noteworthy discoveries the led to successful licensing agreements and life science startup companies. Not to take the focus away […]
A gastrointestinal stent from Cook Medical now has 510 (k) clearance from the U.S. Food and Drug Administration for use in patients suffering GI obstructions caused by cancer. Bloomington, Indiana-based Cook said that its Evolution Duodenal Controlled-Release Stent will be available for patients experiencing gastric outlet obstruction (GOO), a late-stage complication of GI-related cancers. Pancreatic […]
When the topic of the 2.3 percent medical device excise tax arises, Cook Medical‘s Scott Sewell is quick to frame the discussion around jobs. Of Bloomington, Indiana-based Cook’s roughly 10,000 employees, 6,000 work in the United States; 525 in the company’s endoscopy unit in Winston-Salem, North Carolina. Sewell said that although the company has two […]
WedbMD's consumer portal ranks as the top health site on the Web, and the company’s financials are very healthy. It could be an attractive target for any offline media company that wanted to make a splash in an online category that performed well even during the midst of the recession, suggests paidContent.org.