Coating issue still plagues the Pipeline device as Medtronic issues another...
The coating issue that’s bedeviled the Pipeline device made by Medtronic (NYSE:MDT) last week prompted another recall for the brain aneurysm treatment. Originally developed by Ev3, the Pipeline device...
View ArticleRIP serial medtech entrepreneur Spencer | Personnel Moves November 10, 2016
Serial medtech entrepreneur Dale Spencer died last week in Scottsdale, Ariz, according to the Medical Alley Association. Spencer helped found more than a dozen medical device companies, including...
View ArticleMedtronic’s Ev3 wins 2nd appeal in ex-rep’s whistleblower lawsuit
A federal appeals court last week dismissed a whistleblower lawsuit filed by a former sales rep for Medtronic (NYSE:MDT) subsidiary Ev3, ruling that the allegations weren’t strong enough to sustain a...
View Articleev3 pays off big for Covidien
The flurry of moves Covidien plc (NYSE:COV) made in 2010 are starting to pay off for the Mansfield, Mass.-based medical products conglomerate. New business from its $2.6 billion ev3 acquisition helped...
View ArticleMed-tech in the OC: A Q&A with OCTANe’s Matthew Jenusaitis
Matthew Jenusaitis knows a little something about regional hotbeds of innovation in the med-tech space. Having spent 15 years at Boston Scientific Corp. (NYSE:BSX) in numerous executive marketing and...
View ArticleCovidien names new vascular leader | Personnel Moves
Covidien (NYSE:COV) named Stacy Enxing Seng president of its $1.4 billion global vascular therapies business. Enxing Seng, 47, will lead the division’s 4,000 employees, reporting to Peter Wehrly,...
View ArticleCovidien touts FDA clearance for “game-changing” Solitaire revascularization...
Covidien plc (NYSE:COV) won FDA clearance for its Solitaire FR revascularization device for removing blood clots and restoring blood flow in the brains of patients suffering acute ischemic stroke. The...
View ArticleFDA warns on Covidien’s liquid embolic system following 9 patient deaths
The FDA issued a safety alert after receiving reports of more than 100 adverse events, including 9 patient deaths, that may have been caused by Onyx brain blood vessel plugs made by Covidien...
View ArticleLayoffs: Covidien to shutter South Carolina plant, cutting 595 jobs
Covidien (NYSE:COV) will close a manufacturing facility in Seneca, S.C., and move the operation to Costa Rica, resulting in nearly 600 layoffs. The Seneca facility manufactures vascular products for...
View ArticleMixed feelings for Covidien’s Pipeline embolization device following deaths
Researchers offered mixed messages on the safety and effectiveness of Covidien (NYSE:COV) subsidiary ev3 Inc.’s Pipeline embolization device, lauding the system as an option for patients with...
View ArticleAneurysm: Covidien touts pivotal study on Pipeline embolization device
Covidien (NYSE:COV) subsidiary ev3 Inc. is touting the results of a pivotal trial of its Pipeline aneurysm embolization device, showing that the technology "offers a reasonably safe and effective...
View ArticleJury hands Covidien’s ev3 subsidiary a possible $275M loss
Covidien (NYSE:COV) is on the hook for a $175 million milestone owed by subsidiary ev3 Inc. to a company it acquired 11 years ago, plus another possible $100 million in interest, after a Delaware...
View ArticleCovidien’s got a ‘new approach’ to peripheral arterial disease
Massachusetts medical device giant Covidien (NYSE:COV) released results from a pair of studies, supporting use of the company’s EverFlex self-expanding stent and combining directional atherectomy with...
View ArticleCovidien’s ev3 seeks new trial in $175M loss to Appriva
Covidien (NYSE:COV) subsidiary ev3 wants the Delaware Supreme Court to grant a new trial in a lawsuit over $175 million ev3 allegedly owes its own Appriva Medical acquisition. Last summer a jury in...
View ArticleMedtech legal news for the week of Mar. 17, 2014
Appeals court applies Supreme Court ruling to Medtronic lawsuit against Boston Scientific March 12, 2014 by Brad Perriello A federal appeals court today reconsidered a lawsuit between Medtronic and...
View ArticleCovidien’s Ev3 logs a pair of legal wins over Appriva, whistleblower
Covidien (NYSE:COV) subsidiary Ev3 logged a pair of legal wins in recent weeks when the Delaware Supreme Court overturned a $250 million loss to Ev3 acquisition Appriva Medical and a federal judge in...
View ArticleMedtronic shareholder sues over company’s plan to cover nearly $58M in taxes...
Shareholder sues Medtronic over plan to cover execs' $58m tax tab October 7, 2014 by Brad Perriello A Medtronic shareholder sued the company last week over its plan to cover nearly $58 million in...
View ArticleMedtronic’s new Ev3 unit pays $1.3m in whistleblower suit
The Ev3 subsidiary Medtronic (NYSE:MDT) acquired along with Covidien yesterday delivered good news and bad: FDA clearance for a new aneurysm treatment and a $1.25 million hit in a whistleblower...
View ArticleMDT’s Ev3 pays $1.3m in whistleblower suit | The week in medtech M&A
Medtronic's new Ev3 unit pays $1.3m in whistleblower suit February 6, 2015 by Brad Perriello The Ev3 subsidiary Medtronic acquired along with Covidien yesterday delivered good news and bad: FDA...
View ArticleMDT’s Ev3 pays $1.3m in whistleblower suit | Medtech legal news for the week...
Medtronic's new Ev3 unit pays $1.3m in whistleblower suit February 6, 2015 by Brad Perriello The Ev3 subsidiary Medtronic acquired along with Covidien yesterday delivered good news and bad: FDA...
View ArticlePAD: Medtronic wins expanded FDA nod for Protégé GPS stent
Medtronic (NYSE:MDT) today said it won expanded approval from the FDA for the Protégé GPS peripheral stent it acquired along with Covidien earlier this year. The Protégé GPS self-expanding stent is...
View ArticleBSX wins CE Mark, FDA nod for new S-ICD | Regulatory news for the week of...
Boston Scientific wins CE Mark, FDA nod for smaller 'leadless' ICD March 17, 2015 by Brad Perriello Boston Scientific today said it won both CE Mark approval in Europe and a nod at home from the FDA...
View ArticleSterilis taps ex-Nanosphere CEO McGarrity as chief exec | Personnel Moves –...
Medical sterilization company Sterilis said yesterday it tapped former Nanosphere (NSDQ:NSPH) chief exec Michael McGarrity as its new CEO. McGarrity held the CEO position at Nanosphere from February...
View ArticleJenaValve names Kilcoyne as CEO | Personnel Moves – January 15, 2019
JenaValve Technology said today that it named former ReVision Optics prez & CEO John Kilcoyne as its new chief executive officer, effective immediately, replacing Dr. Victoria Carr-Brendell, who...
View ArticleMedtronic asks judge to accept its negotiated $17.9m sentence in ev3 case
Medtronic (NYSE:MDT) wants the judge in its off-label marketing case against its neurovascular subsidiary ev3 to accept the sentence that the company and U.S. Justice Department have agreed upon....
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