To outsource, or not to outsource electronics manufacturing: That is the question. But once OEMs have decided to contract out their manufacturing needs, how should they select a suitable partner? Thomas Allen, vice president of sales and marketing at Tricor Systems Inc. (Elgin, IL), highlights the...
U.S. Secretary of Commerce Gary Locke and U.S. Trade Representative Ron Kirk visited Memphis, TN in October 2010 to promote President Obama’s National Export Initiative (NEI), a program designed to increase jobs by boosting exported goods. 1 The plan is aimed at doubling U.S. exports over the next five years to Asia, Africa, Europe, South America, and Central America.
L.E.K. Consulting has released the results of a strategic hospital priorities study, in which the firm surveyed nearly 200 senior hospital decision makers about their budget outlook and purchasing trends for 2011. The decision makers were specifically asked about medical device purchasing and other changes in the wake of healthcare reform.
A supportive business environment coupled with a high-tech skill set makes for an attractive medtech setting in Texas
The European Union experiences roughly the same number of medical device recalls per year as does the United States, says a report from the Boston Consulting Group at AdvaMed. "We found the same number of recalls, even though the belief is there are more devices out in Europe," said Simon Goodall, Boston's partner and managing director. All told, both governing regulatory bodies experience about 21 recalls per year.
An estimated 4 million people in the United States require physician care due to recurrent arrhythmias. These arrhythmias are often symptoms of other conditions, such as congenital heart defects, congestive heart failure, and heart valve disorders.
We ushered in a new year and bid a fond farewell to 2010 . So, now what? Now is the time for surveys to abound and for experts to come out of the woodwork and weigh in on the medical device industry's prospects in 2011. For your reference, MPMN has consolidated some of these...
Being first to market with a novel product design that meets an unmet need is the holy grail of the medical device industry. But should it be? While at BIOMEDevice San Jose last week, I attended a conference presentation by Ivan Vesely , founder and CSO at ValveXchange Inc. (Aurora, CO). Vesely...
MD+DI shines a light on notable companies.
Adusei says that IAMTC will provide industry-driven, professional development and training courses to meet the needs of the consultants and the industry as a whole.
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.
PRODUCT DEVELOPMENT INSIGHT
Despite the economic turmoil plaguing the nation, Minnesota's medical device industry has managed to nab a fair share of investment dollars in the second quarter, according to reports. Venture capital (VC) funding contributed $96.9 million to 10 local companies. Although significantly off-pace...
GUIDE TO OUTSOURCING: TEchnology development