Medical
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.
Cardinal Health Eliminating 600 Jobs
July 8, 2008 5:25 am | News | CommentsHealth care products and services company says the restructuring efforts will save money and make the company more efficient.
Medline Industries Acquires Chester Labs
June 27, 2008 6:20 am | by Edited by Manufacturing.net Staff | News | CommentsMedical supplies maker has purchased Chester Labs, a manufacturer of liquid products for personal care, infection control and diagnostic use in medical facilities.
Aging Population Boosts Medical Device Makers
June 23, 2008 9:49 am | News | CommentsMedical device and technology makers will likely continue prospering as aging populations in developed countries drive demand for more innovative products and new, emerging markets grow.
Icahn Ends Biogen Idec Campaign
June 19, 2008 7:00 am | by Mark Jewell, AP Business Writer | News | CommentsActivist investor has conceded defeat in his campaign to elect a slate of dissident nominees to Biogen Idec Inc.'s board.
Invitrogen Buying Applied Biosystems For $6.4B
June 12, 2008 6:50 am | News | CommentsMaker of technologies for disease research and drug discovery will pay $38 per share for scientific instruments maker Applied Biosystems.
Medical Equip Maker To Pay $14.5M In Patent Dispute
June 12, 2008 6:31 am | News | CommentsFederal jury ordered Arthrex, a medical equipment manufacturer, to pay more than $14.5 million in a patent infringement dispute that involves a device invented by a Portland physician.
Lawmakers: Medical Equipment Program ‘Flawed’
June 9, 2008 5:10 am | by Kevin Freking, Associated Press Writer | News | CommentsMakers and sellers of wheelchairs, oxygen machines and other medical equipment are close to getting Congress to delay a new program that would save Medicare about $1 billion a year.
Polymer Group Closing New Jersey Factory
June 2, 2008 12:00 pm | News | CommentsPlant that makes products for the hygiene and medical markets will be closed by the end of September and will put about 85 employees out of work.
Drug And Medical Device Laws Go On Trial
May 14, 2008 5:48 am | News | CommentsDoctors, lawyers and a movie star are expected to criticize government regulations shielding drug and medical device companies from lawsuits brought by patients.
Shipbreakers Paying Gov't For Chance At Scrap Metal
May 12, 2008 5:44 am | by Christopher Sherman, Associated Press Writer | News | CommentsSoaring scrap metal prices have led companies that were paid to recycle rusted frigates and tankers to begin paying the federal government to get ahold of all that valuable steel.
