Business
James V. Mazzo, president of Abbott Medical Optics, will take the reins of AdvaMed chairman. He is succeeding Michael Mussallem, CEO of Edwards Lifesciences, who held the position since 2008. According to an AdvaMed press release, Mazzo has chaired the group's International...
Ardiem Medical Inc. (Indiana, PA) has obtained a nonexclusive license to make and sell neuromodulation devices based on intellectual property developed at Case Western Reserve University's Department of Biomedical Engineering and the Functional Electrical Stimulation (FES)...
Flex Fuels Energy Inc. (London) has announced that it plans to focus the majority of its future operations into the biomedical device sector. The company is providing an update to investors on the steps being taken as part of the next stage of its turnaround plan. Since...
Biomedical textile manufacturer Secant Medical (Perkasie, PA) is launching a new marketing and branding campaign at MD&M West this week in Anaheim, CA. The company, which will be located at booth #2374, will be displaying samples of its textiles, along with its new logo and...
 In Q4 2009, Boston Scientific Corp. spent $480,000 to lobby the federal government, says ABC News. This money went toward lobbying the government on such healthcare reform issues as the medical device tax and comparative effectiveness. It was also spent on such concerns as...
Boston Scientific has agreed to pay $1.7 billion to Johnson & Johnson’s Cordis subsidiary to settle the long-running legal battle over three patents related to the companies' stent businesses. In 2003 Johnson & Johnson sued Boston Scientific for allegedly infringing...
Last week, I wrote an editorial for MD+DI's sister publication, Med-Tech Precision, about just a few of the instances in which device manufacturers have taken steps to help out the earthquake victims in Haiti. I wanted to share a couple additional stories that readers sent me with...
From the basics of what is considered a medical device to the future of replacement organs, Eucomed is using a virtual museum to educate the world about medical technology. The MedTech Virtual Museum aims to inform visitors about the medical device industry from the ground up. Its...
According to recruitment firm, Legacy MedSearch, up to 55% of professionals in the medical device industry could be looking for a new job in 2010. The firm conducted its survey via the paid polling service of business networking site LinkedIn between Jan. 4 and Jan. 7 and polled 2,...
A Robert W. Baird and Co. analyst predicts a strong year for shares of four medical device makers, saying that in 2010, investors may be more willing to take a risk on companies in high-growth fields. Lawrence Neibor upgraded shares of Cyberonics, Edwards Lifesciences , Thoratec Inc...