MX:Medtech Executive Features
A Patently Good Idea
James Isbester To executives in the medical device community, the routine was well known: The company learns about a competitor’s patent that might apply to the company’s products and asks its lawyers to investigate. If adequate grounds exist, those lawyers...
The MX Q&A: Steve Arless Takes IP Matters to Heart
Steve Arless In this arthritic business environment how many company executives, let alone start-up execs, can say they’re enjoying themselves? Count Steve Arless, chairman and CEO of CardioInsight Technologies, among the handful doing handsprings. By most measures,...
Preventive Medicine
Device manufacturers face regulatory scrutiny on both federal and state levels for all activity in the life cycle of a product. Proposed regulations in New Jersey and pending legislation in New York suggest that this thicket of federal and state regulations governing both the device...
Home Is Where the Heart Monitor Is
Katherine Holland The world’s population is graying. This year, the oldest baby boomers will turn 65. This demographic trend is creating a new market opportunity for medical device manufacturers. Unlike previous generations, boomers are more interested in managing...
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,” “...
U.S. Focuses Enforcement on Manufacturers
Judith A. Waltz Recent legal settlements with medical device manufacturers indicate that the federal government has focused enforcement activity on how providers are billing products to government healthcare programs. Coming under the False Claims Act (FCA), these...
The MX Q&A: Larry Siebert, Chembio Diagnostic Systems
Larry Siebert Larry Siebert says he was simply trying to protect his investment in the company when, as a consultant and business broker, he became chairman of Chembio Diagnostic Systems back in 1992. Since then, the business adage “doing well by doing good” may...
Holding Customers Accountable
Mary Ann Reilly When a customer pays its invoices late, company executives spend little time debating who’s to blame: it’s the customer’s fault, right? Possibly, but things are rarely so simple. Most problems have hidden solutions that are revealed only...
Onyx Medical Corp. Breaks Ground for Headquarters
Onyx Medical Corp. (Memphis, TN), a family-owned manufacturer of medical devices, has broken ground on a new manufacturing facility and corporate headquarters. The event is also a celebration of the company’s 20th anniversary. Onyx Medical manufactures high-quality precision...
Agfa HealthCare Enters Agreement with HealthTrust Purchasing Group for Computed Radiography Products
Agfa HealthCare, a provider of diagnostic imaging and healthcare IT, announced that it has been awarded a new three year, multisource, contract by HealthTrust Purchasing Group (HPG) to provide computed radiography (CR) products at competitive terms and conditions to their more than...