MX:Medtech Executive Features
California’s Biomedical Industry Healthy, but Could Lose Its Edge
The health of California’s biomedical industry, which constitutes one-third of the U.S. biotech, medical device, and diagnostic firms, is often considered an indicator of the well being of the entire sector. According to the “2010 Report: California Biomedical Industry,...
How To Avoid Off-Label Device Promotion
Sara E. Dyson Severe legal penalties await companies that promote the use of their medical devices for procedures unapproved by FDA. Federal law prohibits such off-label promotion, but the practice occurs frequently in the medical technology and life sciences industries....
The MX Q&A: QED’s Hiroyuki Fujita
Given the implications, seeing the words “MRI” and “rapid growth” in the same sentence are usually cause for anxiety, if not alarm, for the person reading them. Hiroyuki Fujita can read them with calm satisfaction, however. In just three years, Fujita’s...
Managing Compliance-Based Valuation of Start-Ups
  With the advent of IRS Section 409A and the introduction of certain fair value accounting rules, valuation issues have become increasingly important for start-up companies. In the past, industry specific start-up “rules of thumb” may have been sufficient to...
Boost Your Bottom Line With Trade Terms
Richard Flynn Although device company executives may dream of developing the next pacemaker, the reality is that most successful products are more modest than one of the industry’s most significant medical breakthroughs. When looking at a device manufacturer’s...
When Is Sustainable Manufacturing Sustainable?
Sustainable manufacturing practices in the medical device industry are based to a great extent on the concept of resource productivity. These practices seek to manufacture products using fewer resources (i.e., energy, water, and materials). The materials that are used should have...
The MX Q&A: e-Zassi.com’s Peter von Dyck
Adapting social media to the business world obviously requires more than just tweaking the Facebook or Match.com models. The belief that a well-constructed social media platform can be an effective business tool for the device industry fired the imagination of Peter von Dyck. A...
A Seat at the Strategy Table
Amid the ebb and flow of our national debate over healthcare reform there is one certainty: The business of making and selling healthcare products as we have known it is a thing of the past. Our reform mandate of “better care at lower cost” requires medical device...
Responding to a Cease-And-Desist Letter
James Juo   The medical device industry is one of the more litigious when it comes to patents. The legal scenario described next is all too common. A competitor sends you a letter asserting that your company's new medical breakthrough device infringes its patent...
Aesthetics Firms Merge
Candela Corp. and Syneron Medical Ltd. have merged in an all-stock transaction, following a shareholder vote on January 5, 2010. Upon completion of the transaction, Syneron shareholders own approximately 80% of the combined company and Candela shareholders own approximately 20%....