All of a sudden, Mentor, Ohio, has become a hot spot for job growth in medical device and equipment companies. STERIS Corp. (NYSE: STE), the maker of contamination-control technologies, as well as sophisticated operating room equipment, is closing a leased facility in Erie, Penn. and plans to transfer most of the 240 jobs to Mentor […]
Updated 5:58 p.m. STERIS Corp. (NYSE: STE) has settled with the Food and Drug Administration, addressing the “violating device” status of the company’s System 1 liquid chemical sterilizer and fleshing out a transition plan that will enable U.S. customers–mostly hospitals and surgical centers–to trade in their System 1s for rebates. The terms of the consent […]
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After more than a year of review, the Food and Drug Administration has cleared for market the next-generation liquid chemical sterilizing system–System 1E–of STERIS Corp. The Mentor, Ohio, maker of health and life sciences technologies hopes to deliver the first System 1Es by the quarter ending Sept. 30. Until then, it will continue working with […]
Sterilization-products maker STERIS Corp. has signed a development agreement with a New Jersey firm that specializes in filtration products. STERIS and River Edge, N.J.-based Nephros Inc. “will jointly develop filtration-based products for medical device applications,” according to a statement from Nephros. The statement doesn’t get any more specific than that and Stephen Norton, a STERIS […]
Mentor, Ohio’s, STERIS Corp. has introduced at the Association of periOperative Registered Nurses Congress in Denver, Colorado, a system that integrates operating room visualization technologies on a single touch screen. The Harmony iQ 2100 Integration System, a joint product with VTS Medical Systems LLC in Melville, N.Y., takes several units that control cameras, imaging devices […]
Robert Fields, a partner and managing director at Breeden Capital Management and Breeden Partners, quietly resigned from the STERIS Corp. board for personal reasons on March 5. Normally, the resignation of a director causes few questions. However, Fields and Richard Breeden, the former U.S. Securities and Exchange Commission chief who has since become an investment […]
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In a Feb. 22 letter, the U.S. Food and Drug Administration warned makers of endoscopes to change their labeling as soon as possible if they recommend using STERIS Corp.'s System 1 to sterilize their devices after use.
Four Ohio organizations will receive a total of $19 million in federal funding to train workers for jobs in the health care industry. The funding comes from last year's federal stimulus act and will be distributed by the U.S. Department of Labor.
STERIS Corp. reported higher operating profits and a modest increase in revenue for its fiscal third quarter over the year-ago quarter. However, the maker of infection protection, decontamination and life science technologies said its future profits are unclear because it has been unable to resolve problems the FDA has with its System 1 sterilizer.
State and local officials gave $117 million in tax incentives to win expansion of a West Chester pharmaceutical plant whose owner, Amylin Pharmaceuticals Inc., never had serious intentions to go anywhere else, according to the Cincinnati Enquirer.
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The Austen BioInnovation Institute in Akron has struck a strategic partnership with Cleveland orthopedic device testing and design firm Orthopaedic Research Laboratories to discover, develop and commercialize novel technologies and solutions that advance orthopedic care.
Issues surrounding government reimbursement and federal tax policy topped the agenda among Ohio health companies and hospitals’ major concerns last year, interviews and publicly filed lobbying reports revealed. The Cleveland Clinic, Elyria-based Invacare Corp. and Dublin-based Cardinal Health Inc. led the way in spending amongst Ohio health care organizations and companies, all spending in excess of $1 million in their federal lobbying efforts last year.
Cuyahoga County is close to a land deal that could keep a proposed medical mart off Cleveland's downtown Mall.
The U.S. Food and Drug Administration has posted a notice on alternatives to System 1, the medical instrument sterilizer made by STERIS Corp. in Mentor, Ohio, that the administration considers a "violating device."
An unnamed law firm is investigating possible securities law violations by STERIS Corp. related to the U.S. Food and Drug Administration's recommendations that health care facilities find alternatives to the company's System 1 medical instrument sterilizer, according to Shareholders Foundation Inc. in San Diego, Calif. The investigation could lead to a STERIS shareholder lawsuit.