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Angiotech to continue implementation of previously announced recapitalization transaction under CCAA

Angiotech Pharmaceuticals, today announced that its Board of Directors has authorized the Company and certain of its subsidiaries to voluntarily file under the Companies' Creditors Arrangement Act in order to continue implementation of its previously announced recapitalization transaction.

29 Jan 2011

OREF, Biomet donate $1.3 million for medical education programs in orthopaedic surgery

Biomet, and the Orthopaedic Research and Education Foundation announced today Biomet's 2011 donation of $1.3 million for funding graduate medical education programs in orthopaedic surgery.

29 Jan 2011

Effective fusion of consumer technology and front line medicine needed

Government spending cuts and the high cost of distributed healthcare provision could mean a major shift toward home-based patient care. Lack of resource, increased travel time and an aging population is leading some to consider a more viable alternative. However, limited broadband Internet access in remote areas means that joined up policy changes are needed to ensure an effective solution is achieved.

28 Jan 2011

Magnetic nanoparticles for ovarian cancer treatment

A paper published in the January issue of the journal Nanomedicine could provide the foundation for a new ovarian cancer treatment option - one that would use an outside-the-body filtration device to remove a large portion of the free-floating cancer cells that often create secondary tumors.

28 Jan 2011

Zimmer fourth quarter net sales increase 2.5% to $1.13 billion

Zimmer Holdings, Inc. today reported financial results for the quarter and year ended December 31, 2010. The Company reported fourth quarter net sales of $1.13 billion, an increase of 2.5% reported and 3.0% constant currency over the fourth quarter of 2009.

27 Jan 2011

FDA grants 510(k) clearance to Sonitus Medical's SoundBite Hearing System

Sonitus Medical, Inc., a medical device company that manufactures the world's first non-surgical and removable hearing prosthetic to transmit sound via the teeth, today announced that it has received FDA clearance for its SoundBite Hearing System. The FDA 510(k) clearance is the first for the company and the product.

27 Jan 2011

BrainScope sponsors 'B-Ahead U.K. Trial' to assess traumatic brain injury

BrainScope Company, today announced its sponsorship of a multi-center, observational clinical study, the "B-Ahead U.K. Trial", utilizing its technology in development to aid in the assessment of traumatic brain injury and its milder forms in emergency departments in the United Kingdom.

27 Jan 2011

FDA Advisory Committee recommends expanded indication for Abbott's RX ACCULINK Carotid Stent System

Abbott today announced that the U.S. Food and Drug Administration (FDA) Circulatory System Devices Panel of the Medical Devices Advisory Committee voted that, for symptomatic and asymptomatic carotid artery disease patients at standard surgical risk, there is reasonable assurance that the benefits of the RX ACCULINK® Carotid Stent System outweigh its risks (Yes: 7, No: 3, Abstain: 1).

27 Jan 2011

Nexstim closes additional equity financing for approximately EUR 11.4 million

Nexstim Oy, a medical device company commercializing noninvasive brain diagnostic and therapy technologies, today announced that it has closed on additional equity financing of approximately EUR 11.4 million.

27 Jan 2011

Anapharm Europe, PharmaNet officially terminate joint venture

PharmaNet Development Group, and Anapharm Europe, S.L., both leading providers of drug development services to the pharmaceutical, biotechnology, generic drug and medical device industries, announced that their joint venture for the collaborative provision of bioanalytical services officially ended December 22, 2010.

27 Jan 2011

LDR announces submission of Mobi-C cervical artificial disc PMA to FDA

LDR, a privately held medical device company offering innovative spinal implants for both non-fusion and fusion applications, announced the January 14th submission of its single-level Mobi-C cervical artificial disc PMA to the FDA.

26 Jan 2011

Johnson & Johnson fourth quarter sales decreases 5.5% to $15.6 billion

Johnson & Johnson today announced sales of $15.6 billion for the fourth quarter of 2010, a decrease of 5.5% as compared to the fourth quarter of 2009. Operational sales declined 5.1% and the negative impact of currency was 0.4%. Domestic sales declined 8.1%, while international sales declined 3.1%, reflecting an operational decline of 2.3% and a negative currency impact of 0.8%.

25 Jan 2011

California jury awards $2.2 million in defective laparoscopic device case

Encision Inc. – A California jury awarded $2.2 million to a patient in a personal injury, product liability, defective laparoscopic device case against a competing medical device company; as reported in the Daily Journal.

25 Jan 2011

Rodman & Renshaw announces Healthcare Reform Panel Discussion

Rodman & Renshaw, LLC, a wholly owned subsidiary of Rodman & Renshaw Capital Group, Inc., a leading full service investment bank for growth oriented companies today announced that on Thursday, February 3rd, 2011, Rodman will host a Healthcare Reform Panel Discussion

25 Jan 2011

Cardo and Arthrex enter Asset Purchase Agreement

Cardo Medical, Inc., an orthopedic medical device company based in Los Angeles, California, its wholly-owned subsidiary, Cardo Medical, LLC, and Arthrex, Inc., a leading provider of sports medicine product development and educational services for orthopedic surgeons based in Naples, Florida, announced today that they signed an asset purchase agreement.

25 Jan 2011

BD and Rady Children's announce innovative environmentally-friendly solution to dispose sharps wastes

BD, a leading global medical technology company, and Rady Children's Hospital-San Diego today announced that they have implemented an innovative pilot program at the Hospital that is designed to safely divert a significant percentage of BD sharps waste from landfills and utilize the recycled materials.

From BD (Becton, Dickinson and Company) 25 Jan 2011

New study on pain-relieving effect of transcutaneous Vagus Nerve Stimulation

The medical device company cerbomed cooperated with the Clinic for Psychiatry and Psychotherapy of the University of Regensburg 2010 on a randomized, controlled study into somatosensory pain processing. The study, lead by Prof. Dr. Peter Eichhammer and Dr. Volker Busch, aimed to judge the pain-relieving effect of transcutaneous Vagus Nerve Stimulation (t-VNS).

25 Jan 2011

Cardiac Science receives U.S. Army's AWR certification for automated defibrillator

Cardiac Science Corporation, a global leader in automated external defibrillator and diagnostic cardiac monitoring devices, has been awarded Airworthiness Release from the U.S. Army's Research, Development, and Engineering Command for the Powerheart AED G3 Pro automated defibrillator.

25 Jan 2011

St. Jude Medical's Athena programmer DBS system receives Australian TGA approval

St. Jude Medical, Inc., a global medical device company, today announced regulatory approval from the Australian Therapeutic Goods Administration (TGA) of its Athena™ programmer, a deep brain stimulation (DBS) therapy management system.

24 Jan 2011

Alqaem and Biosign to exhibit UFIT TEN-20 non-invasive glucometer at 36th Arab Health Exhibition

ALQAEM International, exclusive Biosign master distributor for the Middle East and North Africa Region (M.E.N.A.) today announced that they will be joining with Biosign Technologies Inc, the Canadian manufacturer of the revolutionary UFIT TEN-20 non-invasive glucometer, to exhibit at the 36th Annual Arab Health Exhibition & Congress held in Dubai, UAE from January 24th to 27th, 2011 at Stand S1G61.

24 Jan 2011