Devicemakers news and information

St. Jude Medical paid about $123 million to acquire a developer of small, leadless cardiac pacemakers not yet approved in the U.S. The deal follows St. Jude's 2011 recall of leads for two of its pacemakers.
FULL STORY »

There are growing signs that repeal of the medical-device tax, fervently sought by the politically potent device industry, may be a key element in resolving the impasse in Congress over the budget and raising the debt ceiling.
FULL STORY »

The CEO of St. Jude Medical says that there's still room for innovation in the device industry at the intersection of cost-cutting and improved patient health.
FULL STORY »

A government fraud alert last spring warning of the “inherently suspect” nature of physician-owned surgical supply companies led to swift drop-off in business. Now one firm is suing HHS.
FULL STORY »

The government shutdown isn't stopping Food and Drug Administration advisory committee meetings scheduled this month, according to drug and device manufacturers.
FULL STORY »

A bipartisan House measure to repeal the 2.3% medical device excise tax that helps fund the healthcare reform law has been floated as a compromise to end the federal government shutdown. Reps. Charlie Dent (R-Pa.) and Ron Kind (D-Wis.) were leading a...
FULL STORY »

KKR & Co. agreed to buy Panasonic Corp.'s health-care unit for about 165 billion yen ($1.67 billion).A wholly owned subsidiary of the U.S. private-equity firm will purchase all shares and assets of Panasonic Healthcare Co., according to a statement from the companies.
FULL STORY »

A new rule requiring medical devices to be marked with identification information is expected to improve patient safety and make hospital supply operations more efficient. But the Food and Drug Administration will take another seven years to roll out the system, and much of its success depends on...
FULL STORY »

The percentage of young people who use electronic cigarettes doubled in 2012 compared with the previous year, according to federal researchers.
FULL STORY »

The Medical Device Innovation Consortium in Minneapolis named William Murray president and CEO, effective Aug. 12. MDIC is a public-private partnership between the Food and Drug Administration and the medical device industry. Murray, 52, most recently served as CEO of Envoy Medical, which...
FULL STORY »