Business
Imaging Market: M&As Likely to Further Strengthen Power Players
Companies are likely to turn toward mergers and acquisitions (M&As) over the next four years to overcome the negative effects of the economic recession. According to a report from Frost & Sullivan, “Consolidation/M&A in Medical Imaging Market,” “...
The U.S. Innovation Struggle: 
One Model to Follow
The U.S. leadership position in terms of healthcare innovation has been largely taken for granted. A convergence of recent events, however, has changed the landscape. The balance of trade is decreasing, and foreign governments are growing their own industries. Lengthy FDA...
Frost & Sullivan Honors Siemens for CT Technology
Frost & Sullivan has awarded Siemens Healthcare its 2010 North American Frost & Sullivan Award for Technology Leadership of the Year in the computed tomography (CT) imaging market. The award was based on industry analysis and cited Siemens’s long history in dose-...
Manufacturing Medical Devices with Confidence in China
It is inevitable that more medical companies will move some of their manufacturing to China. There are more FDA-registered Class II and Class III medical manufacturers in China than in any other country outside of the United States.1 In addition to significantly lowering piece part...
As Social Media Evolves, the Device Industry Must Also
A growing number of companies—from technology start-ups to the Fortune 500—are participating in a phenomenon that goes by several different names, such as social media, social networking, the social Web, and Web 2.0. Although the experts can argue over the nomenclature,...
Just Say No to FDA’s Idea of Transparency
FDA’s proposals to increase transparency have struck a nerve with medical device makers, and industry association Adva­Med has come out with both fists swinging. In a 21-page letter to the agency, AdvaMed blasts the proposals, many of which involve divulging proprietary...
Japanese Device Manufacturers Warm to Rapid Heat Molding
Rapid heat cycle molding (RHCM), which is often used to fabricate home appliances and housings for electronic products, is finding new applications in the medtech industry, according to Ono Sangyo Co. (OSK), which holds an international patent on the technology. RHCM uses elevated...
Ohio a Rapidly Growing Hub for Device Innovation
Although Minnesota, California, and Massachusetts have long been recognized as major centers for medical device manufacturing, Ohio is quickly gaining steam as a global player in the industry. The state is home to more than 300 medical device companies and the University of Ohio...
Investment in Industry Is Leaner, but Still Alluring
The recession hasn’t scared investors away from the medical device industry. Although it has certainly felt the effects of recent economic conditions, the device industry has proven itself to be fairly resilient through the downturn, according to Anthony Storino, senior...
Government Gets Competitive with Tax Credit
This fall, the government will award $1 billion in tax credits and cash grants to companies that develop new therapies. The goal of the program is to support research that has the potential to create new therapies as well as generate high-quality, high-paying jobs in the United...