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Stryker lands $486m DoD ortho supply contract
Stryker (NYSE:SYK) won a $486.3 million fixed-price contract with the US Department of Defense to supply the group with orthopedic products, according to a DoD release. The fixed-price indefinite...
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Medtech approvals: FDA releases January 2017 PMA approvals
Summary of PMA Originals & Supplements Approved Originals: 4 Supplements: 40 Submission Number Date Final Decision Review Track Trade Name Appl/Spr Name Approval Order Statement P140033 01/31/2017...
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Researchers develop nanoparticle delivery system for gene editing tool
Researchers from the University of Massachusetts Amherst have designed a nanoparticle delivery system to assist the gene-editing tool known as CRISPR/Cas9 across the cell membrane and into the cell...
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Valeritas rekindles IPO plans, aims for $50m
Valeritas yesterday rekindled its plans for an initial public offering, but scaled its ambitions back by some $25 million. Bridgewater, N.J.-based Valeritas makes the V-Go basal insulin delivery system...
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Pulmatrix updates on $3m offering
Pulmatrix (NSDQ:PULM) today updated pricing on an upcoming $3.3 million offering, looking to float 950,000 shares at $3.50 per share. The company said it expects to collect $3.1 million after paying...
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MassDevice.com +5 | The top 5 medtech stories for February 7, 2017
Say hello to MassDevice +5, a bite-sized view of the top five medtech stories of the day. This feature of MassDevice.com’s coverage highlights our 5 biggest and most influential stories from the day’s...
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Cardinal Health shares rise on Q2 EPS beat
Shares in Cardinal Health (NYSE:CAH) rose today after the medical device maker topped earnings per share expectations on Wall Street with its 2nd quarter results. The Dublin, Ohio-based company posted...
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Non-invasive brain stimulation proven to improve memory
[Photo from unsplash.com]Scientists at Northwestern University have successfully used a non-invasive brain stimulation for the first time that can be used like a scalpel to make specific improvements...
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Teva Pharma CEO Vigodman steps down | Personnel Moves, February 7, 2017
Teva Pharmaceuticals (NYSE:TEVA) said this week that CEO Erez Vigodman has stepped down from their position at the head of the world’s biggest generic drugmaker. Vigodman’s exit from the company will...
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FDA accepts Flexion’s NDA for osteoarthritis steroid injection
Flexion Therapeutics (NSDQ:FLXN) said today that the FDA accepted its New Drug Application for Zilretta – its extended-release steroid injection. The Burlington, Mass.-based company won Fast Track...
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Owlstone Medical launches 1,400-patient study for colon cancer ‘breathalyzer’
Owlstone Medical said today it is launching a 1,400-patient clinical trial of its breath-based colorectal cancer diagnostic technology. The Intercept trial aims to explore the accuracy of the...
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Acelity pays down debt with LifeCell proceeds, snags new $1.1B facility
Acelity said today it used proceeds from the sale of its LifeCell regenerative medicine to repay debt owed by the company and its subsidiaries Kinetic Concepts and KCI USA. The San Antonio, Texas-based...
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Brazilian regulators drop medical device fees
By Stewart Eisenhart, Emergo Group Brazilian medical device market regulators plan to officially reduce registration and quality inspection fees for medical device companies after the country’s...
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Sens. Sanders, Cruz talk drug pricing, Obamacare in town hall debate
Sens. Bernie Sanders (I-Vermont) and Ted Cruz (R-Texas) met last night to debate the future of Obamacare in a town-hall debate. The 2 senators are opposed on how to provide health care coverage to...
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FDA to publicly share advisory committee CVs
The FDA’s ongoing commitment to transparency reached a new level last week, when the agency announced it would disclose the CVs of advisory committee members. The form will not include confidential or...
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Allergan ticks up on Q4, 2016 beats
Allergan (NYSE: AGN) shares ticked up today after the company reported 4th-quarter and full-year earnings – and a 2017 sales forecast – that beat expectations on Wall Street. The drugmaker narrowed its...
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6 huge things you could have learned at MD&M West
Heather Thompson, Senior Editor [Original image courtesy of UBM]A greater willingness to embrace failure and innovate—and a “yuge” elephant in the room named Donald—those are some of the major themes...
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Zimmer Biomet wins CE Mark for Subchondroplasty bone marrow lesion procedure
Zimmer Biomet (NYSE:ZBH) said today it won CE Mark approval in the European Union for its for the Subchondroplasty procedure designed to treat subchondral bone marrow lesions. The Warsaw, Ind.-based...
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ICU Medical closes $900m buyout of Pfizer’s Hospira infusion pump biz
ICU Medical (NSDQ:ICUI) this week closed its $900 million acquisition of the Hospira infusion pump business from Pfizer (NYSE:PFE), confirming last year’s rumors that the drug giant was looking to sell...
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NIH launches pivotal trials for artificial pancreas
The National Institutes of Health said this week that it is funding 4 projects dedicated to testing fully automated artificial pancreas devices in patients with Type I diabetes. The race to develop an...
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