Medical
Report: FDA Disregarded Syringe Plant Complaints
February 25, 2009 5:12 am | News | CommentsRegulators ignored complaints for months about tainted syringes produced at a North Carolina plant, where two officials have pleaded guilty to federal charges, media reports.
Court Tosses Suit Against Medtronic
February 17, 2009 5:05 am | News | CommentsWisconsin Supreme Court says patients cannot sue the makers of defective medical devices if they are approved for sale by federal regulators.
Abbott Labs To Buy Advanced Medical
January 12, 2009 5:20 am | News | CommentsMedical products and drug maker said Monday it is buying Advanced Medical Optics Inc. for about $1.36 billion plus debt to expand its eye-care offerings.
Medtronic Buys Ablation
January 12, 2009 4:25 am | News | CommentsMedical device maker said Monday it is buying privately held Ablation Frontiers Inc. for $225 million to expand its portfolio of treatments for abnormal heart rhythm.
Johnson & Johnson Buys Mentor
December 1, 2008 4:55 am | News | CommentsHealth care products company to buy the medical products supplier Mentor for $1.07 billion in a move to boost its presence in cosmetic and reconstructive medicine.
Philips Cutting 1,600 Jobs
November 25, 2008 4:57 am | News | CommentsRoyal Philips Electronics NV said Tuesday it plans to cut 1,600 jobs at its health care division in response to a global economic slowdown.
Medtronic Completes CryoCath Buyout
November 13, 2008 5:20 am | News | CommentsMedical device maker said Thursday it completed its $325 million acquisition of heart treatment-maker CryoCath.
Johnson & Johnson's Physician Payments Investigated
November 5, 2008 8:28 am | by Matthew Perrone, AP Business Writer | News | CommentsPair of senators asked Johnson & Johnson to turn over information about payments to physicians as part of a widening investigation into its influence over medical professionals.
French Try Plane Sensors In Artificial Heart
October 29, 2008 11:05 am | by Maria Cheng, AP Medical Writer | News | CommentsNew artificial heart uses the same tiny sensors that measure air pressure and altitude in an airplane or satellite to detect the heart’s pumping speed and the pressure on its walls.
FDA Lifts Boston Scientific Restrictions
October 22, 2008 7:20 am | News | CommentsBoston Scientific said the Food and Drug Administration has lifted some restrictions imposed more than two years due to quality control problems.
GE Healthcare Buys MicroCal LLC
September 30, 2008 8:00 am | News | CommentsGeneral Electric unit bought instrument maker MicroCal for an undisclosed amount, a move GE said will bolster its drug discovery technology offerings.
Medtronic To Buy CryoCath For $380 Million
September 25, 2008 8:16 am | News | CommentsMedical device maker said Thursday it will buy Cryocath in a move to expand its treatment portfolio for heart conditions, including abnormal heart rhythms.
Boston Scientific Stent Wins FDA Approval
September 25, 2008 5:11 am | News | CommentsFDA approval comes as Boston Scientific and its stent competitors try to recover from a yearlong downturn in sales for the devices used to prop open clogged arteries.
GE To Make Health Monitors For The Elderly
September 24, 2008 5:30 am | News | CommentsCompany's health care unit is entering a potential $5 billion international market providing health monitors for the elderly who live alone.
Beijing Lifts U.S. Poultry Ban
September 17, 2008 5:22 am | by Gillian Flaccus, Associated Press Writer | News | CommentsChina will lift the ban on poultry exports from U.S. and streamline the process for medical equipment exports after intense talks between U.S. and Chinese trade delegations.
Invitrogen Near $2.65 Billion Financing Deal
September 17, 2008 5:13 am | News | CommentsLife sciences equipment maker said it is close to completing a $2.65 billion financing deal needed for the buyout of Applied Biosystems Inc.
ICE, FDA Serve Warrant To Spectranetics
September 5, 2008 6:03 am | News | CommentsFederal officials served the medical device maker with a search warrant as they investigate whether parts from an international source had been improperly received.
Applied Biosystems To Vote On Buyout
August 25, 2008 6:00 am | News | CommentsResearch equipment maker said shareholders will meet in October to vote on the previously announced $6.7 billion buyout by competitor Invitrogen Corp.
Baxter Healthcare Licenses Surgical Antibiotic
August 25, 2008 5:50 am | News | CommentsPrincipal unit of medical device maker Baxter International said Monday it licensed an antibiotic surgical implant sponge from privately held Innocoll.
Abbott Cutting 1,000 Jobs From Diagnostic Unit
August 21, 2008 12:55 pm | News | CommentsDrug and medical device maker said Thursday it will cut 1,000 jobs as part of a multiyear effort to lower spending on its medical testing business.
FDA Warns GE Over Lax Record Keeping
August 19, 2008 10:35 am | News | CommentsFederal regulators have warned General Electric over lax quality control standards at a plant that makes computer software for medical imaging.
Boston Scientific Recalling Stents
August 14, 2008 11:14 am | News | CommentsMedical device maker has recalled some of its artery-opening stents due to a defect that can cause part of the devices to break off during surgery.
Endocare Rejects HealthTronics Buyout Offer
August 13, 2008 4:55 am | News | CommentsMedical device maker is rejecting a buyout bid from urology product maker HealthTronics Inc. because the $26.9 million offer is inadequate.
GE Unit Buying Vital Signs
July 24, 2008 6:02 am | News | CommentsGeneral Electric's healthcare unit signed a deal to acquire medical products maker Vital Signs Inc. in a deal worth about $860 million.
Zimmer To Expand Indiana Foundry
July 22, 2008 5:35 am | News | CommentsOrthopedics manufacturer plans to create nearly 100 new jobs by 2011 with a $19 million expansion to produce implants used for hip, knee and shoulder replacements.
